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To: NorthMountain
Boeing takes additional charge for Starliner astronaut capsule, bringing cost overruns to near $700 million

Boeing disclosed a charge of $93 million in the second quarter from its Starliner astronaut capsule program, bringing the program’s overrun costs to nearly $700 million.

The aerospace giant said the latest charge was “primarily driven by launch manifest updates and additional costs associated with OFT-2,” or Orbital Flight Test 2. The second uncrewed flight of Starliner successfully completed a six-day long mission in May, reaching a critical test objective – docking with the International Space Station – as Boeing prepares for the capsule to carry astronauts.

Boeing’s latest Starliner-related charge means the company has absorbed $688 million in costs from delays and additional work on the capsule to date.

Looks like Boeing can't get anything right.

50 posted on 07/27/2022 7:17:00 AM PDT by Locomotive Breath
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To: Locomotive Breath

Meanwhile, SpaceX put up a bunch of Starlink satellites this week. Next week they’re launching a robotic Moon mission for South Korea. The week after, another Starlink launch.

And the beat goes on.


51 posted on 07/27/2022 7:29:57 AM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
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