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New Boeing CEO faces hard choices after Nasa snubs Starliner for SpaceX

Business Standard LogoBusiness Standard1w ago

New Boeing CEO faces hard choices after Nasa snubs Starliner for SpaceX - Business Standard

Quick Summary:

The agency could work with Sierra Space Corp.to escalate plans for a crewed version of its Dream Chaser vehicle, which lost out to Boeing and SpaceX in the original bidding a decade ago.

In an internal message shared by the company on Saturday, Mark Nappi, a Boeing vice president and program manager, said staff would gather on Monday to ponder their next steps.“I know this is not the decision we had hoped for, but we stand ready to carry out the actions necessary to support Nasa’s decision.

Before Ortberg joined Boeing, executives had vowed to honor the company’s contract to ferry astronauts to the International Space Station for Nasa.


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Category: BusinessFinance

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Article Type: News Report

Published On: 2024-08-26 @ 19:24:03 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1206 words

Reading Time: 7 minutes read

Sentences: 40 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22260271

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