Boeing Takes Another Charge Against Earnings for Starliner
Boeing revealed today that it is taking another charge against earnings for its Starliner commercial crew program for taking NASA astronauts to and from the International Space Station. Starliner is a Public-Private Partnership with NASA through a fixed price contract, so Boeing must absorb any cost increases due to technical problems and resulting delays. Starliner’s Orbital Flight Test-2 succeeded in May, but it was far behind schedule.