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September 11, 2007

NASA Takes First Step To Ending COTS Agreement With Rocketplane Kistler

Cuts Funding, Issues Notice Of Default

After months of discussions between the two entities, last week officials at NASA sent notice to Oklahoma City-based Rocketplane Kistler, issuing a default letter which cuts off future funding on its portion of a $500 million development contract signed with the private spaceflight company last year.

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