Perhaps those thrusters actually burn dollars after all
Lurking in Boeing's woeful Q2 financials is an admission that while its Starliner spacecraft might be struggling when it comes to burning fuel, it has no problem whatsoever setting fire to dollar bills.
The Calamity Capsule is currently attached to the International Space Station while engineers scrutinize test results and finalize procedures for bringing the spacecraft – and crew – back to Earth.with the US Securities and Exchange Commission revealed that it would be increasing its"reach-forward loss on the program" by another $125 million.incurred by Boeing thanks to Starliner have comfortably breezed past $1 billion, and will likely surpass $1.6 billion before long.
The next flight of the Starliner is not expected until August 2025, so it seems likely that Boeing's balance sheet will continue to bleed red in the"contracts we wish we'd never signed" column for a while longer.
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