United Launch Alliance is a joint venture established in $2006$ by two private aerospace companies Lockheed Martin and Boeing.

Previously, these companies competed to provide launch services for the US government, but the competitors decided to join forces to reduce costs. Since the establishment of the $50/50$ joint venture, the partners have successfully delivered more than $100$ satellites into orbit. They are now SpaceX's main competitor for government launches, with both companies receiving contracts for national security and scientific missions.

The United Launch Alliance joint venture launched the Curiosity rover, which landed on Mars in $2012.$

TASKS: Name the factors that determined this choice of direct investment $($creation of joint venture$).$ Analyze the possible risks of joint ventures.