US Navy awards rocket motor contract to Ursa Major in supply push

U.S. rocket propulsion start-up Ursa Major said on Monday it had signed a contract with the United States Navy to develop and test solid fuel rocket engines in an effort to develop a next generation of solid rocket motor for the Navy's standard missile program and expand and enhance the U.S. rocket motor industrial base. The agreement is part of a series of prototype engine contracts being awarded by the U.S. Navy as it seeks to address surging demand for such engines and expand the industrial base for manufacturing them.