Boeing considers selling its space business, including Starliner: report

  • 📰 SPACEdotcom
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 67%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Elizabeth Howell (she/her), Ph.D., is a staff writer in the spaceflight channel since 2022 covering diversity, education and gaming as well. She was contributing writer for Space.com for 10 years before joining full-time.

Jam packed issues filled with the latest cutting-edge research, technology and theories delivered in an entertaining and visually stunning way, aiming to educate and inspire readers of all agesBoeing may sell off its space business, including its Starliner program, amid large financial losses for the company, a media report suggests..

Starliner's development has resulted in financial losses for Boeing. In a filing with the U.S. Securities and Exchange Commission on Oct. 23, for example, Boeingin the third quarter of its fiscal year"primarily to reflect schedule delays and higher testing and certification costs" for Starliner. Boeing's second-quarter results showed an additional $125 million loss on the program.

Starliner managed to dock successfully to the ISS on June 6 despite the thruster problems. Boeing and NASA examined the thruster issues for nearly two months and repeatedly delayed Starliner's departure from the ISS. But they could not find the root cause and remedy, and NASA ultimately decided that bringing the astronauts back to Earth on Starliner was

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 92. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines