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Starliner has cost Boeing $1.6 billion in overruns since 2016, ac. ... Starliner has cost Boeing $1.6 billion in overruns since 2016, according to a Reuters analysis of securities filings.
Despite successfully docking on June 6, the failures set off a monthslong investigation by Boeing - with some help from NASA - that has cost the company $125 million, bringing total cost overruns ...
The company said in a regulatory filing that the latest hitch with Starliner caused a $125 million loss through June 30, which pushed cumulative cost overruns on the program to more than $1.5 billion.
The Boeing Starliner (or CST-100) [c] ... these new contracts would be fixed-price, placing the financial risk of cost overruns on the companies themselves.
Boeing's defense, space and security unit, one of its three main businesses, has lost billions of dollars in 2023 and 2022, which executives attributed in large part to cost overruns on fixed ...
Boeing CEO Kelly Ortberg said a Wednesday earnings call that the company is "going to have to work our way through some of those tough contracts." Boeing said it's lost another $250 million on the ...
Since then, Boeing has spent $1.5 billion in cost overruns, according to Reuters. The astronauts were set to return June 26, already a 12-day pushback from the original planned date of June 14 ...
Boeing Starliner’s troubles began wth its launch atop an Atlas V rocket on June 5. ... Delays, cost overruns and unmet deadlines are frequent features of the spaceflight industry. But Boeing has ...