Tag

Bids

All articles tagged with #bids

NASA opens JPL to new management, inviting bids to replace Caltech after 70 years
space6 hours ago

NASA opens JPL to new management, inviting bids to replace Caltech after 70 years

NASA announced it will solicit bids to operate the Jet Propulsion Laboratory when Caltech's 68-year management contract ends in 2028, marking the biggest leadership shakeup in JPL's history. As a federally funded R&D center, JPL has faced cost pressures amid a booming private space sector, and NASA seeks a cheaper operator—potential bidders include Boeing, Lockheed Martin, and universities such as Caltech. The change could preserve JPL's robotic-mission legacy while shifting efficiency and work culture, though funding and missions remain controlled by Congress and NASA HQ.

Cook Inlet lease sale fizzles as bids vanish
politics2 months ago

Cook Inlet lease sale fizzles as bids vanish

A federal lease sale for roughly 1 million acres off Alaska’s Cook Inlet drew no bids, underscoring waning industry interest amid dwindling reserves and higher drilling costs. Alaska lawmakers called the outcome disappointing, environmental groups cheered, and Interior Department officials noted that Congress-mandated lease timelines will continue with five more Cook Inlet sales planned through 2032.

Padres Sale Heats Up With Five Bids Targeting Near-$3B Price
business2 months ago

Padres Sale Heats Up With Five Bids Targeting Near-$3B Price

The Seidler family is accelerating the sale of the San Diego Padres, with five prospective buyers submitting bids, including Joe Lacob, Jose Feliciano, Dan Friedkin, and a Drew Brees–Vuori group. While Sportico estimated the franchise at about $2.31 billion, industry sources suggest the sale could exceed $2.5 billion and possibly approach $3 billion, a figure that would set a MLB record if realized, with a potential deal around Opening Day.