19Negative
Serious
Neutral
Optimistic
Positive
- Total News Sources
- 8
- Left
- 3
- Center
- 2
- Right
- 3
- Unrated
- 0
- Last Updated
- 28 min ago
- Bias Distribution
- 38% Right
Boeing is considering selling parts of its space division, including the Starliner spacecraft program and operations supporting the International Space Station, as part of new CEO Kelly Ortberg's strategy to focus on core commercial and defense operations. This potential divestiture comes amid significant financial challenges, including a $6.2 billion quarterly loss partly due to a prolonged labor strike that halted production. The Starliner program has been plagued by delays and technical issues, leading NASA to opt for SpaceX for astronaut transport, an embarrassment for Boeing. Ortberg, who took over in August, emphasizes a strategy of 'doing less and doing it better,' as Boeing's space legacy faces increasing pressure from competitors like SpaceX. While Boeing plans to retain its role in NASA's Space Launch System, discussions with companies like Blue Origin indicate a search for potential buyers. The move reflects broader efforts to streamline and address financial instability while maintaining a focus on core business areas.
- Total News Sources
- 8
- Left
- 3
- Center
- 2
- Right
- 3
- Unrated
- 0
- Last Updated
- 28 min ago
- Bias Distribution
- 38% Right
19Negative
Serious
Neutral
Optimistic
Positive
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