spacetoday.net: space news from around the webin association with SpaceNews


Boeing space unit reports losses for quarter, year
Posted: Fri, Jan 30, 2004, 10:38 AM ET (1538 GMT)
Boeing The space unit of The Boeing Company reported Thursday a loss for its fiscal fourth quarter as well as for all of 2003. The Launch and Orbital Systems unit of Boeing’s Integrated Defense Systems reported a fourth-quarter loss of $94 million on revenues of $604 million, compared to a $56-million loss in the same quarter of 2002, on revenues of $668 million. For all of 2003 the unit recorded a loss of nearly $1.8 billion on $3.0 billion in revenue, compared to a loss of $182 million on $2.8 billion in revenues for 2002. Most of the 2003 loss was from a billion-dollar charge the company took in the second quarter to cover a weak market for its Delta 4 launch vehicles and commercial satellites. Overall Boeing reported net income of $700 million for 2003 on $50.5 billion in revenues.
<<previous article   next article>>
news in brief
Starship explodes during preparations for static-fire test
Posted: Sun, Jun 22 6:52 AM ET (1052 GMT)

French government leads investment in Eutelsat
Posted: Sat, Jun 21 8:38 AM ET (1238 GMT)

NASA further delays Ax-4 launch
Posted: Sat, Jun 21 8:34 AM ET (1234 GMT)

news links
Monday, June 30
Blue Origin N-S 33 lifts off
KVIA-TV El Paso, TX — 5:39 am ET (0939 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list