NASA decided two astronauts in the International Space Station will come home in a SpaceX capsule instead of Boeing's Starliner. It represents a failed test for Boeing's reusable spaceship.
Airbus (AIR) and Boeing (NYSE: BA) stocks are the best-known in the aircraft manufacturing industry, where they dominate. The two companies brought in over $72 billion and $77.8 billion in annual revenue in 2023.
Introduced in 1977, the Boeing E-3 Sentry AWACS airplanes are getting ready for retirement. The U.S. Air Force plans to replace them with a new AEW&C airplane, the E-7A Wedgetail.
NASA has decided it's too risky to have Boeing's Starliner spacecraft return to Earth from the International Space Station with its two crew members, and so those astronauts will extend their stay by several months and come back on a SpaceX Dragon capsule instead. Starliner, which has been in the midst of its first crewed flight after years of delay, will be reprogrammed to make an uncrewed departure from the space station next month.
Boeing (BA) stock price has continued to lag the broader market this year as the company has moved from one issue to the other. It has crashed by over 30% in 2024 and by 34% from the year-to-date high.
Boeing will return its capsule from the International Space Station without the NASA astronauts that Starliner delivered to orbit. The agency is turning to SpaceX to bring back Butch Wilmore and Suni Williams.
Two astronauts parked at the International Space Station since early June will return with SpaceX instead of on the Boeing vehicle that brought them there.
Two NASA astronauts who flew to the International Space Station in June aboard Boeing's faulty Starliner capsule will need to return to Earth on a SpaceX vehicle early next year, NASA chief Bill Nelson said on Saturday, deeming issues with Starliner's propulsion system too risky to carry its first crew home.
NASA will provide an update Saturday on whether Boeing Co.'s Starliner spacecraft will be used to bring astronauts Butch Wilmore and Suni Williams back from their extended stay on the International Space Station.
NASA on Thursday said it expects to announce on Saturday its decision on whether the two astronauts who rode Boeing's glitchy Starliner spacecraft to the International Space Station will need a SpaceX vehicle to return to Earth.
Although Jim Cramer, a prominent investor and host of CNBC's ‘Mad Money' last year recommended to his readers and listeners to invest in Boeing (NYSE: BA) stock, opining that 2024 would be its year, the aeronautics behemoth continues to face troubles with its products.
Federal safety officials are requiring inspections of cockpit seats on Boeing 787 Dreamliners after one of the jets went into a dive when the captain's seat lurched forward without warning and disconnected the plane's autopilot system.Boeing also has stopped test flights of a new version of its 777 jetliner after discovering a damaged structural part between the engine and the rest of the plane. The new model has not yet been approved by regulators.The Federal Aviation Administration said in an order scheduled to be published Wednesday that it will require operators of 787s to inspect both pilot seats for missing or cracked caps that cover a switch used to move the seats.During a March flight by Chile-based Latam Airlines, the captain's seat moved forward and hit a switch that disconnected the autopilot system.