A difficult summer for the Starliner program continued this week, with Boeing reporting additional losses on the vehicle's development and NASA saying it's too early to discuss potential launch dates for the crewed spacecraft.
Throughout this spring, NASA and Boeing had been working toward a July launch date of the spacecraft, which will carry two astronauts for the first time. However, just weeks before this launch was due to occur, Boeing announced on June 1 that there were two serious issues with Starliner. One of these involved the "soft links" in the lines that connect the Starliner capsule to its parachutes, and the second problem came with hundreds of feet of P-213 glass cloth tape inside the spacecraft found to be flammable.
On Wednesday, as a part of its quarterly earnings update, Boeing announced that the Starliner program had taken a loss of $257 million "primarily due to the impacts of the previously announced launch delay." This brings the company's total write-down of losses on the Starliner program to more than $1.1 billion. Partly because of this, Boeing's Defense, Space, & Security division reported a loss of $527 million during the second quarter of this year.
Because Starliner was funded by NASA through a fixed-price contract, as part of the Commercial Crew program, Boeing is responsible for any cost overruns and financial losses due to delays.
If anyone believes that Boeing's pet Congressmen will not allow them to renegotiate that last bit, you're delusional.
[Source.](https://arstechnica.com/space/2023/07/boeing-has-now-lost-1-1-billion-on-starliner-with-no-crew-flight-in-sight/)
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A difficult summer for the Starliner program continued this week, with Boeing reporting additional losses on the vehicle's development and NASA saying it's too early to discuss potential launch dates for the crewed spacecraft.
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Throughout this spring, NASA and Boeing had been working toward a July launch date of the spacecraft, which will carry two astronauts for the first time. However, just weeks before this launch was due to occur, Boeing announced on June 1 that there were two serious issues with Starliner. One of these involved the "soft links" in the lines that connect the Starliner capsule to its parachutes, and the second problem came with hundreds of feet of P-213 glass cloth tape inside the spacecraft found to be flammable.
>
On Wednesday, as a part of its quarterly earnings update, Boeing announced that the Starliner program had taken a loss of $257 million "primarily due to the impacts of the previously announced launch delay." This brings the company's total write-down of losses on the Starliner program to more than $1.1 billion. Partly because of this, Boeing's Defense, Space, & Security division reported a loss of $527 million during the second quarter of this year.
>
Because Starliner was funded by NASA through a fixed-price contract, as part of the Commercial Crew program, Boeing is responsible for any cost overruns and financial losses due to delays.
If anyone believes that Boeing's pet Congressmen will not allow them to renegotiate that last bit, you're delusional.
(post is archived)