Boeing's Troubled Starliner Space Capsule Grounded Again
Boeing (NYSE: BA) has scuttled the planned launch of its CST-100 Starliner space capsule, a fresh setback for the long-troubled program that has fallen significantly behind a rival offering from Elon Musk's SpaceX.
The decision is unlikely to be fatal for the Starliner program, in part because NASA desperately wants multiple domestic options to transport astronauts into space. But it is a fresh blow to a company that has dealt with a long and growing list of engineering woes in recent years.
And the longer it takes for Boeing to iron out its issues and get the Starliner operating, the more likely it is this program and its issues will be used against the aerospace and defense giant as it is considered for future awards.
Source Fool.com