Boeing Space JV Cuts 2025 Launch Rate by 40%

As if you needed one, here's another reason to avoid Boeing stock in 2025.For investors who bought Boeing (BA 2.37%) stock on the theory that it's a leading space company, things are getting down to the wire.Late last year, I described how Boeing was likely to benefit as United Launch Alliance (ULA), its 50-50 joint venture with Lockheed Martin (LMT -1.69%), embarked upon an ambitious plan to launch its new Vulcan Centaur rocket 20 times this year, collecting approximately $100 million per launch. As the ne ...