Boeing's Starliner spacecraft program is facing significant financial challenges and operational delays after a series of setbacks, including a malfunction during its first crewed mission. The program has incurred losses exceeding $2 billion, prompting concerns about its future.
Boeing's Starliner spacecraft program has suffered substantial financial losses, exceeding $2 billion, following a series of setbacks in 2023. According to a company filing on Monday, the program recorded charges of $523 million for 2024, marking its largest single-year loss to date. Boeing acknowledged the ongoing risk of similar losses in future periods due to the fixed-price contract it holds with NASA .
Since 2014, when NASA awarded Boeing a nearly $5 billion contract to develop Starliner, the company has consistently reported losses on the program. This financial strain stems partly from the challenges faced by Starliner in comparison to SpaceX's Dragon capsules, which have successfully executed 10 crew missions for NASA. Last summer, Boeing's inaugural crew flight encountered a critical malfunction in the capsule's propulsion system. While Starliner managed to transport astronauts Butch Wilmore and Suni Williams to the International Space Station, NASA opted to return Starliner empty and utilize SpaceX to bring the crew back earlier this year. This decision has recently become entangled in political discourse.Neither Boeing nor NASA has disclosed concrete plans or timelines for resolving the Starliner propulsion issue. Boeing confirmed last week that Starliner Vice President Mark Nappi had departed his position, with John Mulholland, the company's ISS program manager, assuming his role. Mulholland previously led the Starliner program from 2011 to 2020. NASA, in October, indicated that it was exploring potential flight windows for Starliner in 2025 while scheduling SpaceX for crew missions in spring and late summer. They emphasized that the definitive timing and configuration of Starliner's next flight would be contingent upon a clearer understanding of Boeing's path to system certification. The agency has remained silent on any further updates regarding Starliner since these October announcements
BOEING STARLINER NASA SPACE EXPLORATION SPACEX DRAGON CAPSULES
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