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Boeing Faces $1.85 Billion Loss on Troubled Starliner Program

The aerospace giant struggles with technical issues and financial setbacks while evaluating future commitments.

  • Boeing's Starliner program has accumulated $1.85 billion in losses due to ongoing technical challenges and delays.
  • The recent crewed test flight in June faced thruster and helium leak issues, leading to an uncrewed return to Earth.
  • Boeing's new CEO, Kelly Ortberg, indicates the company will not abandon its fixed-price contracts despite financial losses.
  • NASA continues to support Starliner's development but has shifted some crew missions to SpaceX due to reliability concerns.
  • The future of Starliner remains uncertain as Boeing reassesses its portfolio and NASA plans to decommission the ISS by 2030.
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