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LAUNCH · OPERATOR PROFILE · DATA AS OF 2026-09-11

United Launch Alliance

Active Launch Joint Venture HQ: Centennial, Colorado Founded 2006

Legacy national security launch provider transitioning to Vulcan Centaur. NSSL Phase 2 Lane 1 provider. Blue Origin reportedly acquiring.

78.3
ARI Composite
Very Low Risk
#1 of 30
Peer Rank
Launch cohort
205
Total Launches
As lead operator
Estimated valuation
Not disclosed

FINANCIAL HEALTH

78.3
ARI composite · Very Low Risk
Peer rank#1 of 30
Peer groupLaunch
Data coverage70%
Tracked gov contracts$7.68B across 8 awards

CAPITAL & CREDIT PROFILE

Government capital
$7.68B lifetime tracked obligations across 8 awards — top agency Department of Defense ($7.53B) (strict id-matched; unattributed award rows are excluded). Explore grants →
Source: USAspending.gov award obligations matched to this company. Obligations, not recognized revenue.

SCHEDULE CREDIBILITY

How well this operator historically meets its own projected dates — launch NETs, company-announced roadmap milestones, and forward-dated facility plans. 100 = says what it does. Discount forward guidance accordingly.

99.0
SCI · Low confidence · 7 dated commitments
Behavioral read
holds its dates: 1/3 tracked launches slipped ≥1 day (median slip of slipped 2.2 d); all 4 roadmap milestones landed within 30 d of target

Trend: flat — last 12 mo score 98.3 (n=4) vs prior 100.0 (n=3)

Source Events Late (share) Median slip Median slip, late only Sub-score On-time allowance
Launch NETs 3 1 (33.3%) 0 d 2.2 d 97.7 1 d
Roadmap milestones 4 0 (0%) 0 d 100.0 30 d

WORST SLIPS (RECEIPTS)

Commitment Source Announced Outcome Slip
Amazon Leo (LA-08) NET changed 3x Launch NETs 2026-06-30 2026-07-02 2.2 d

SCI = 100 × Σ(event credit) ÷ N over the trailing 36 months (2023-09-12 → 2026-09-11). Event credit = 1.0 when the commitment met its announced date (launches: net NET slip < 1 day; roadmap milestones & facility plans: within 30 days of the announced target window — month/year-precision targets count the whole period as on-time), else 30 ÷ (30 + days late beyond that allowance). Sources are pooled, so each source weighs by its event count. Sources: launch NET-change log (LL2 ingest, tracked since 2026-04-17; flown launches in coverage + not-yet-flown launches already slipped ≥1 day; cancelled launches excluded), roadmap registry milestones (company-announced targets, verified provenance only; open milestones past target count as late by days-overdue), facility_plans rows with target_date after announced_at (filing-dated rows excluded). Confidence: high ≥20 events, medium ≥8, low ≥5; no score below 5 events. 100 = says what it does.

Window: 2023-09-12 → 2026-09-11 (36 months) · launch NET log live since 2026-04-17

FLEET COMPOSITION

Every vehicle this operator has flown. Linked profiles carry the full reliability + reuse + subsystem record.

Vehicle Class Launches Success rate Reuse
Atlas V 401 41 97.6%
Atlas V 551 19 100.0%
Delta 4H 14 100.0%
Delta 4M 4 2 12 100.0%
Atlas Iias 11 100.0%
Atlas V 541 9 100.0%
Atlas V 421 9 100.0%
Delta 4M 5 4 8 100.0%
Atlas V 501 8 100.0%
Delta 7920 10C 7 100.0%
Delta 7925 9 5 6 100.0%
Delta 7420 10C 6 100.0%
Delta 7320 10C 6 100.0%
Atlas V 411 6 100.0%
Atlas Iia 6 100.0%
Atlas V 531 5 100.0%
Atlas V N22 4 100.0%
Atlas 3B 4 100.0%
Delta 4M 5 2 3 100.0%
Atlas V 431 3 100.0%
Vulcan Centaur Vc4S 2 100.0%
Vulcan Centaur Vc2S 2 100.0%
Delta 7920H 2 100.0%
Atlas V 521 2 100.0%
Atlas 3A 2 100.0%
Vulcan Vc6L 1
Vulcan Vc4L 1
Delta 7925H 1 100.0%
Delta 7925 10L 1 100.0%
Delta 7925 10C 1 100.0%
Delta 4H Star 48Bv 1 100.0%
Atlas V Medium 1 100.0% Expendable Profile →
Atlas V 511 1 100.0%

SUBSYSTEM RELIABILITY

Aggregate subsystem outcomes across every vehicle this operator flies. Absence of a row means "not tracked yet" — never fabricated success.

Payload Deploy 0%
S 0 · PS 0 · F 1 · N 1

RECENT LAUNCHES

Date Mission Vehicle Orbit Outcome
Dec 31, 2026 Starliner-1 Atlas V N22 Scheduled Source ↗
Dec 31, 2026 Dream Chaser CRS 2 Flight 1 Vulcan Vc4L Scheduled Source ↗
Sep 30, 2026 Amazon Leo (LV-01) Vulcan Vc6L LEO Delayed
Jul 02, 2026 Amazon Leo (LA-08) Atlas V 551 LEO Success Webcast ↗
May 29, 2026 Amazon Leo (LA-07) Atlas V LEO Success Source ↗
Apr 28, 2026 Amazon Leo (LA-06) Atlas V 551 LEO Success Source ↗
Apr 04, 2026 Amazon Leo (LA-05) Atlas V 551 LEO Success Source ↗
Feb 12, 2026 Hornet 7 Vulcan Centaur Vc4S Success Source ↗
Nov 14, 2025 Viasat-3.2 Atlas V 551 Success Source ↗
Sep 25, 2025 Kuiper KA03-01 Atlas V 551 Success Source ↗

SECTOR POSITION

Primary sectorLaunch
Rank within sector#1 of 30
Tracked peers30

RECENT COVERAGE

Date Source Headline
Aug 21, 2026 Ars Technica — Space Rocket Report: SpaceX makes its mark on the Moon; ULA names new boss
Aug 20, 2026 Ars Technica — Space Europe cancels planned upgrades for Ariane 6 rocket
Aug 17, 2026 SpaceNews ULA names Peller as new CEO
Aug 10, 2026 Payload Space The Launch Crunch Just Made a ULA Sale Worth Revisiting
Aug 08, 2026 NASASpaceFlight Blue Origin working engine resolutions and dual pad future

REGISTRY DATA

Legal nameUnited Launch Alliance, LLC
OwnershipJoint Venture
HeadquartersCentennial, Colorado
CountryUS
Founded2006
CEOTory Bruno
ParentBoeing / Lockheed Martin (JV)
AliasesULA, United Launch Alliance, United Launch Services
Key programsVulcan Centaur, Atlas V (retiring)
Gov customersDoD, NASA, NRO, Space Force
IPO statusN/A — JV, Blue Origin reportedly acquiring

Source: space_company_registry.json · Operator homepage → · Corporate homepage documents ULA's Vulcan Centaur and Atlas V launch vehicles and recent missions (Atlas V Amazon Leo 5, Artemis II ICPS-2, Vulcan USSF-87) — establishing operator status in the launch

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.