Report predicts both Boeing and Airbus will sell off their space divisions this yearAccording to an analysis of industry trends by the company Space Capital, it predicts that both Boeing and Airbus will sell off their space divisions this year.
According to Space Capital’s latest investment trends report released Jan. 23, these aerospace giants are struggling to maintain pace with the rapidly evolving space sector. “These divestitures by entrenched government contractors marks a pivotal moment in the space economy, as it changes the competitive landscape, establishes a new power broker system, and creates new opportunities and risks in the government’s extended capabilities in space,” the report states.
This prediction for Boeing is not a surprise, especially as the company has also recently announced it expects to take a $1.7 billion loss in the fourth quarter of 2024 from five different program in its Defense, Space and Security business unit.
Most of those charges will go towards two programs: $800 million for the KC-46A tanker and $500 million for the T-7A trainer aircraft. That leaves $400 million in charges for Starliner as well as the VC-25B presidential aircraft and MQ-25 drone.
Airbus’s space division is likely in trouble because of the failure of its Ariane-6 to compete successfully in the modern launch market. It has obtained some launch contracts, but not as many as expected because, as an expendable rocket, it costs too much to launch.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
According to an analysis of industry trends by the company Space Capital, it predicts that both Boeing and Airbus will sell off their space divisions this year.
According to Space Capital’s latest investment trends report released Jan. 23, these aerospace giants are struggling to maintain pace with the rapidly evolving space sector. “These divestitures by entrenched government contractors marks a pivotal moment in the space economy, as it changes the competitive landscape, establishes a new power broker system, and creates new opportunities and risks in the government’s extended capabilities in space,” the report states.
This prediction for Boeing is not a surprise, especially as the company has also recently announced it expects to take a $1.7 billion loss in the fourth quarter of 2024 from five different program in its Defense, Space and Security business unit.
Most of those charges will go towards two programs: $800 million for the KC-46A tanker and $500 million for the T-7A trainer aircraft. That leaves $400 million in charges for Starliner as well as the VC-25B presidential aircraft and MQ-25 drone.
Airbus’s space division is likely in trouble because of the failure of its Ariane-6 to compete successfully in the modern launch market. It has obtained some launch contracts, but not as many as expected because, as an expendable rocket, it costs too much to launch.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Sad. As I thought a couple of weeks ago with Robert’s “Boom about to go supersonic” article, Boeing should have been at the cutting edge developing new technologies and materials.
All those decades and billion$ wasted.
How would Space Capital know this–insider shenanigans?
They betting against Boeing as part of another short’?
What is wrong with using upgraded F-16’s as new trainers.
BTW I hated the t-38 trainers. the engines literally hurt my ears while standing next to them.
Even at idle they could vibrate your teeth and bones and were so loud you could not hear anything else. Even your own screams.
F-20 Tigershark would have been better?