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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.
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.
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 ...
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 ...
In November 2019 NASA published a first cost per seat estimate: US$55 million for SpaceX's Dragon and US$90 million for Boeing's Starliner. Boeing was also granted an additional $287.2 million above the fixed price contract. Seats on Soyuz had an average cost of US$80 million. [55]
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 ...
The cost overruns constituted 33% of the total expense. The budget for the bridge increased to 150%. The cost overruns exceeded the original budget by 50%. The final example is the most commonly used as it specifically describes the cost overruns exclusively whereas the other two describe the overrun as an aspect of the total expense.
The launch attempt was scrubbed with only 3 minutes and 50 seconds to go in the countdown — yet another setback for Boeing, which has already dealt with years of delays and budget overruns with ...