Proposed private launch vehicle may make use of canceled NASA rocket

New York Times : A new private launch vehicle is being developed to provide commercial flights to space. Alliant Techsystems (ATK), a longtime NASA contractor, has teamed up with the European aerospace company Astrium to develop the Liberty rocket from parts of NASA’s canceled Ares 1 rocket and Europe’s Ariane 5 rocket. The new rocket would be less expensive to build and could generate jobs at the Kennedy Space Center in Florida.