Author Topic: Boeing takes $410 million charge to cover potential additional commercial crew test flight  (Read 513 times)

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Space News by Jeff Foust — January 30, 2020

Boeing is taking a $410 million charge to its earnings to cover a potential additional uncrewed test flight of its CST-100 Starliner, although company officials say there’s no decision yet about whether such a flight is necessary.

The company said in its fourth quarter earnings release Jan. 29 that it was taking the charge “primarily to provision for an additional uncrewed mission for the Commercial Crew program, performance and mix.” It noted that NASA was still reviewing data from the Orbital Flight Test (OFT) mission in December that was cut short, without a docking at the International Space Station, by a timer problem.

“NASA is in the process of reviewing the data from our December 2019 mission,” Greg Smith, chief financial officer at Boeing, said in an earnings call. “NASA’s approval is required to proceed with a flight test with astronauts on board. Given this obligation, we are provisioned for another uncrewed mission.” Neither he nor Boeing’s new chief executive, David Calhoun, elaborated on that during the call, which was devoted primarily to issues related to the company’s 737 MAX airliner.

More: https://spacenews.com/boeing-takes-410-million-charge-to-cover-potential-additional-commercial-crew-test-flight/