Boeing Considers Selling Space Division Amid Struggles

Reported about 1 month ago

Boeing is reportedly looking to sell parts of its space business, including the Starliner spacecraft and operations related to the International Space Station, while excluding its Space Launch System unit. This move comes as the Starliner has faced significant delays and technical issues, contributing to over $1.8 billion in cost overruns. Additionally, Boeing is dealing with a major strike affecting its aircraft production. The company's new CEO has emphasized a strategy of focusing on quality over quantity.

Source: YAHOO

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