Boeing Faces $1.7 Billion in Q4 Losses, Starliner Program Under Scrutiny

The aerospace giant struggles with mounting costs across defense and space programs, fueling speculation about potential divestitures.

Boeing's Defense, Space & Security division is set to report $1.7 billion in pre-tax charges for Q4 2024, driven by cost overruns and production challenges.
The CST-100 Starliner program, part of NASA's Commercial Crew initiative, continues to face delays and technical issues, contributing to the division's $400 million in losses.
NASA has postponed Starliner's first operational mission to beyond 2025, citing unresolved certification challenges and thruster malfunctions during its last uncrewed flight in 2024.
Industry analysts and venture capitalists speculate that Boeing may divest its space business in 2025, alongside Airbus, to focus on core aviation and defense operations.
Boeing's leadership has emphasized restructuring efforts and workforce reductions to stabilize its financial outlook following significant losses in multiple fixed-price defense contracts.