A new Boeing spacecraft is set to carry astronauts for the first time this week, Micah Madienberg of The Wall Street Journal reports. Starliner, the name of the spacecraft, is set to launch on Monday to the International Space Station and will return about a week after docking with the facility. Boeing has had many issues when making Starliner, struggling with the software, communications system, vales, and parachutes. The project has led to $1.4B in accounting losses for the company.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BA:
- Boeing’s (NYSE:BA) Big Starliner Test Is Here
- Boeing awarded $460.55M Missile Defense Agency contract
- Boeing delays mean Southwest pilots face reduced hours, Reuters reports
- The Bill for Boeing’s (NYSE:BA) Alaska Airlines Misadventure Rises
- Jefferies aerospace/defense analyst to hold analyst/industry conference call
