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    You are at:Home»Uncategorized»Boeing eats another $125 million loss over Starliner woes
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    Boeing eats another $125 million loss over Starliner woes

    adminBy adminAugust 1, 2024011 Min Read
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    Boeing has revealed that it has taken another $125 million in losses as a result of its Starliner spacecraft’s delayed return from the ISS. According to SpaceNews, the company disclosed these losses in a filing with the US Securities and Exchange Commission, along with additional information about its second-quarter earnings. This comes after Boeing already posted $288 million in losses due to delaying the Crew Flight Test mission in 2023. The first crewed Starliner flight took off in June with NASA astronauts Butch Wilmore and Sunita Williams on board, but issues with the spacecraft’s hardware prevented it from returning to Earth on time. The company has been conducting tests to determine the cause of the degraded maneuvering thrusters and the worsening helium leak that caused several delays. Recently, Boeing completed a hot fire test of the Starliner’s reaction control system jets with the astronauts onboard. NASA is still reviewing the test results, and once Boeing and the agency confirm the spacecraft’s readiness, they will schedule the return flight for the Starliner and the astronauts.

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