Space News by Jeff Foust — July 28, 2022
Boeing said July 27 it will take another charge against its earnings because of the CST-100 Starliner commercial crew program as the company and NASA get closer to a first flight of the vehicle with astronauts on board.
Boeing, in its second quarter financial results release, said it recorded a $93 million charge in the quarter from its commercial crew program, “driven by launch manifest updates and additional costs associated with OFT-2,” the second uncrewed test flight of the vehicle that took place in May.
The company did not elaborate on the specific issues that caused the charge, and only briefly mentioned the program during an earnings call with financial analysts dominated by the company’s commercial airliner programs.
More:
https://spacenews.com/boeing-takes-another-starliner-charge-against-its-earnings/
