Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are hoping they’ll look to a new tactic: selling some of its businesses, which could shore up the company’s balance sheet and lift the stock from its doldrums.
Boeing has already amassed $2.6 billion of reach-forward losses on the $3.9 billion fixed-price VC-25B contract as of Q2 2024.
In late March (at the earliest), SpaceX's Crew-9 mission will return to Earth from the International Space Station with four astronauts aboard, including NASA astronauts Butch Wilmore and Suni Williams. The duo were originally supposed to come home on a Boeing Starliner, but that plan was scrapped due to safety concerns with the capsule.
The astronauts who traveled to the International Space Station aboard the Boeing Starliner are in good health, a NASA spokesperson has said, dismissing fake online reports of their death. The false narrative also includes false quotes attributed to Elon Musk.
The incident highlights the growing issue of tensions between rocket launches and commercial aviation.
Just before 3 p.m. on Dec. 18, a surprising visitor showed up at Boeing Co.’s military aircraft facility in San Antonio, Texas: First Buddy Elon Musk.
Jeff Bezos, the second richest man in the world, successfully blasted off a 320-foot-tall rocket ship made by his Blue Origin company from Cape Canaveral, Florida, in the early hours of the morning. It made the company the first to successfully reach orbit on its first launch of an orbital-class rocket.
Donald Trump ordered the immediate end to diversity, equity and inclusion programs in the Federal Aviation Administration.
Israel’s Cease-Fires in Lebanon and Gaza Appear Fragile Israeli forces killed at least 15 people and injured dozens more in southern Lebanon on Sunday, Lebanese officials said. In Gaza, Israel ...
The SpaceX Crew-9 astronauts, including two crew members formerly aboard Boeing's Starliner spacecraft, moved their Crew Dragon capsule to another docking port to make way for a new cargo Dragon arrival.
Elon Musk has taken on a new role as the First Buddy: monitoring the progress on the long-awaited revamped Air Force One jets. The new Air Force One planes, made by Boeing, are currently $2.7 billion over budget and three years behind schedule.