The Starliner program reported charges of $523 million for 2024 — its largest single-year loss to date — Boeing reported in a ...
Boeing announced Monday it lost $523 million on the Starliner crew capsule program last year, putting the aerospace company $2 billion in the red on its NASA commercial crew contract since late 2019.
The company may sell parts of its space business as it struggles to meet its end of a $4.3 billion contract with NASA.
With two astronauts still stranded on the International Space Station, no one would categorize the Boeing Starliner’s 2024 crewed test flight as a success. Boeing has now lost $2 billion on ...
Boeing has more tough news about its Starliner project. In an SEC filing, the aerospace company conceded that it lost $523 million in 2024 to Starliner costs, causing its total project losses to ...
Boeing executive Mark Nappi had been the face of the company’s Starliner program during its beleaguered Crew Flight Test to the International Space Station that ultimately left its crew of two ...
Boeing (NYSE:BA) recorded its biggest annual reach-forward loss related to its Starliner program spacecraft in 2024, and has lost more than $2B since it first secured the nearly $5B fixed-price ...
Boeing’s top executive on its embattled Starliner crew capsule business is retiring from the company and being replaced by the veteran lead of its International Space Station program.
Boeing ( NYSE: BA) has replaced the head of its Starliner spacecraft business with its International Space Station (ISS) ...
Boeing (NYSE:BA) has lost more than $2 billion on its Starliner program since landing a nearly $5 billion NASA contract. In 2024 alone, the company recorded a $523 million hit due to delays ...