Boeing bleeds another $125M on Starliner program, bringing total losses to $1.6B

Boeing has lost another $125 million on its Starliner astronaut capsule program due to delays in its first crewed flight test, which was supposed to last just eight days — and has now been on orbit for almost two months. The aerospace giant has lost $1.6 billion on Starliner, including the $125 million, which was reported to regulators in a quarterly filing. While the company was awarded a massive, $4.2 billion contract to accelerate Starliner development in 2014, it was structured as a “fixed-price” model. ...