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


Boeing takes $250 million in additional losses on Starliner
Posted: Sat, Oct 26, 2024, 8:02 AM ET (1202 GMT)
Boeing is taking another $250 million in losses on Starliner. The company disclosed the new charge in its fiscal third quarter financial results released Wednesday, bringing the total losses recorded by Boeing to date on the program to about $1.85 billion. New Boeing CEO Kelly Ortberg said in an earnings call that Boeing did not plan to walk away from troubled fixed-price contracts like Starliner and would instead find ways to improve performance on them, including working with customers to "de-risk" issues on them. Ortberg also said Boeing is carrying out a review to see what "fringe" areas of the company, outside of its core of commercial airplanes and defense, it might seek to divest.
<<previous article   next article>>
news in brief
Senate hearing raises doubts of Artemis
Posted: Sat, Sep 6 8:50 AM ET (1250 GMT)

NASA names new associate administrator
Posted: Sat, Sep 6 8:46 AM ET (1246 GMT)

President Trump moves Space Command HQ to Alabama
Posted: Sat, Sep 6 8:44 AM ET (1244 GMT)

news links
Saturday, September 13
SpaceX, Northrop Grumman to launch supplies to ISS
Spectrum News — 5:52 am ET (0952 GMT)
Cornell-led space tech startup acquired by Pasteur Labs
Cornell Univ. — 5:51 am ET (0951 GMT)
How China Is Transforming Space Power
The Diplomat — 5:46 am ET (0946 GMT)


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