Boeing Considers Space Sale

This is a US news story, published by Guardian, that relates primarily to Kelly Ortberg news.

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Boeing experiences

Guardian

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Raised eyebrows as Boeing reportedly mulls sale of stellar space enterprise

Summary

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79% Informative

Boeing is exploring sale of substantial chunks of its space enterprise following the debacle of its loss-making Starliner capsule.

Boeing announced last month its quarterly losses rose to almost $6bn amid a workers' strike.

New chief executive, Kelly Ortberg , suggested his priority would be fixing problems and mending bridges in the company's core business of manufacturing aircraft.

Some of Boeing ’s troubles in its space division could be attributable to how the new business of commercial spaceflight is conducted.

Nasa pays operators fixed price and term contracts instead of the mostly open-ended partnerships of the Apollo era and beyond.

Swope: A potential lesson from Starliner and the Boeing experiences here is how do companies that have typically done business with Nasa and the US government pivot to where the agency and a lot of the government wants to do space now, which is as a service?.

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Informative language

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informal

Language

English

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not offensive

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not hateful