Surprised there's not more discussions on the Vulcan vs Falcon part
The Vulcan (which sounds interestingly close to Falcon) is a small step forward from Delta and Atlas rockets merging the architecture and just evolutionary step. The interesting part is that they now plan to have an ejectable engine section that will re-enter using a heat shield and be caught by helicopters allowing for re-use of the engines in theory.
The reality of course is that it's a paper rocket with paper engine and a powerpoint level re-use that may or may not fly within a decade. Its cost in the future is not competitive with F9 launch costs now and the performance is essentially exactly the same as the F9 v1.2 (the supercooled lox, longer interstage etc upgrade flying in a month or two). The cost is 100M for Vulcan and 60M for F9. Also, the engine re-use of the Vulcan is a theory concept and would save ~20M so could in theory reduce the launch cost 10-20M while the F9 had an almost successful landing a couple of weeks ago. If you've not seen, check out the camera from the ASDS or the chase plane, it had to over-correct due to sticky valve and had too much lateral velocity at landing breaking one of the legs, but it did land, remain semi-upright for a good few seconds with the nitrogen thrusters doing their job keeping it steady, but once the thrusters finished the buckled leg gave way and the rocket fell over going kaboom
. If they fix the valve, then they've shown three times now that they can hit their landing spot to within a couple of meters and will definitely nail a landing this year. That's full first stage re-use possibility in 2015/16
And don't even get me started on Ariane V/VI as those are in serious trouble. F9 is already stealing a lot of Ariane business on the lower slot (the "lighter" satellite in dual-launch) and with the Heavy coming this fall/next spring Ariane is starting to lose more and more of the main slot customers. The establishment is in serious trouble and it's definitely gotten to the phase of acknowledging SpaceX as a threat (with the ULA engine re-entry and capture showing clearly that they feel the re-use threat). And having launched this year already as many flights as Delta does in a year SpaceX is poised to become the second biggest launcher in the world (still ways to go to Soyuz territory) this year. Fun times ahead