For Starliner, the report “primarily highlights schedule delays and peak costs,” SpaceNews reported. The $250 million increase in losses was in addition to the $125 million loss the company reported in the second quarter.
Separately, Boeing warned the U.S. Securities and Exchange Commission (SEC) on Oct. 11 that it would incur costs totaling $2 billion in the third quarter for four key fixed-price programs in its Defense, Space and Security (BDS) division, including Starliner. . . The company’s new expense and loss announcement on October 23 is noteworthy.
Observers also noted that the latest accusation brings Boeing’s Starliner-related losses to approximately $1.85 billion. “The mounting losses have raised questions about whether Boeing can turn a profit from the Starliner and decide to stop producing it.” – emphasized in the publication.
Source: Ferra
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