Interesting he trashes Aerojet Rocketdyne
They're another incumbent reliant mostly on government contracts - just like ULA - so this might be a case of pot, kettle, black.
Their finances are in the shitter for the same reason, as NASA doesn't have money, and DoD money's now going to SpaceX.
Every single NASA engine development contract (where AR might partner) has been canceled by Congress, leading to the current sitation of relying on Russian engines. That's pretty much killed AR's R&D.
It's sad, because AR is the descendent of some very proud and important rocketry companies.
Biting the hand that feeds IT
