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 Boeing exploring sale of its space business, WSJ reports
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Boeing is considering selling its space business, including the troubled Starliner spacecraft and operations supporting the International Space Station, as reported by the Wall Street Journal on October 25, 2024; Boeing's Starliner has faced over US$1.8 billion in cost overruns and development delays; two NASA astronauts remain stranded on the ISS, expected to return in February via SpaceX; Boeing is also facing labor actions from 33,000 workers affecting production of its 737 MAX, 767, and 777 jets; Boeing's shares rose 0.8% following the news.

#Boeing #SpaceBusiness #Starliner #Nasa #Spacex #Aerospace #LaborAction #737Max #CostOverruns #InternationalSpaceStation

https://theedgemalaysia.com/node/731716