So Burt Rutan, Scaled Composites and Northrop Grumman have announced that NG is going to increase their stake in Scaled Composites from 40% to 100%. A buyout, in other words. Maybe this is a positive, and NG will allow Rutan to run a Skunk Works for NG, employing his talents. Possibly, or equally possibly they take the current ideas, find that the cultures "don't match" and he'll move on. Klyde Morris has the best take on why it might be that somebody who was so independent seemed to agree to the deal that ran contrary to much of what we heard from this smaller shop.

Posted by: Fred Kiesche at 07:32 AM | No Comments | Add Comment
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