Investing News

Rocket builder ULA will require employees receive Covid vaccines beginning Sept. 1

United Launch Alliance (ULA) CEO Tory Bruno at the rollout of the Atlas V 541 rocket that would launch NASA’s Mars Perseverance rover and Ingenuity helicopter on July 28, 2020.
Ben Smegelsky | NASA

Rocket builder United Launch Alliance, the joint venture of Boeing and Lockheed Martin, will require all employees to receive vaccinations against Covid-19 beginning Sept. 1, CNBC has learned.

“The recent increase in cases in our communities and among our teammates is beginning to stress the schedule and negatively impact our ability to meet our commitments to our customers,” ULA CEO Tory Bruno wrote on Wednesday in a company-wide email obtained by CNBC. “We have heard your concerns and do not take this step lightly.”

A ULA spokesperson confirmed the requirement in a statement to CNBC that matched Bruno’s announcement.

The company – headquartered in Centennial, Colorado, with operations in Alabama, Texas, Florida, and California – is one of the top manufacturers of large rockets, and the main U.S. competitor to the rocket business of Elon Musk’s SpaceX in winning government contracts for launches. ULA has launched two missions so far this year, and was set to launch Boeing’s Starliner test flight earlier this month as its third before the spacecraft was delayed due to propulsion valve issues.

ULA’s announcement makes it one of the first publicly-confirmed space companies to require Covid vaccines.

The United Launch Alliance Atlas V rocket blasts off on Thursday, Sept. 8, 2016, carrying the OSIRIS-Rex spacecraft from Cape Canaveral Air Force Station’s Space Launch Complex-41.
Red Huber | Orlando Sentinel | TNS | Getty Images

Bruno noted that ULA employees who have not yet received the full Covid vaccine will be required to receive a first dose by Sept. 30 and the last dose by Oct. 31. He also noted that ULA’s requirement “is subject to bargaining with our unions,” which the company will meet with to reach bargaining agreements.

“This requirement is in alignment with our U.S. government customer and industry direction and will place us in a much better position to meet the nation’s needs and our [launch] manifest commitments while protecting the health of everyone at our facilities,” Bruno added in the email.

Become a smarter investor with CNBC Pro.
Get stock picks, analyst calls, exclusive interviews and access to CNBC TV. 
Sign up to start a free trial today.

Articles You May Like

Invest Like Bill Gates With These 3 AI Stocks to Buy
3 Micro-Cap Stocks to Buy for 10-Bagger Returns by 2026
Magnificent 7 Reality Check: Separating the Studs From the Duds
How to Get a Real Estate License in California (CA)
SMCI Stock Alert: Does This 15% Discount Make Supermicro a Buy?