Capitalism in space: In a SEC filing on October 26, 2022, Boeing revealed that it has been required to spend another $195 million to cover the additional costs due to the further delays in getting Starliner launched, bringing the company’s total expense now to $883 million.
Boeing acknowledged today that it is taking a further $195 million charge against earnings for the CST-100 Starliner commercial crew program. Developed through a fixed-price contract with NASA, Starliner has encoutered a number of delays and Boeing must cover those costs. Added to $688 million already taken, the company now is spending $883 million of its own money on the program.
Boeing’s original fixed-price contract was for $4.2 billion, and included the test flights as well as six operational flights to ISS. However, numerous problems caused repeated delays and the need to fly a second unmanned test flight. Originally planned for the spring of 2020, the first manned Starliner flight is now targeting February 2023, three years behind schedule. Due to that delay, SpaceX’s Dragon ended up getting new contracts that included many of the later operational flights that Boeing would have earned. Right now, even if the capsule begins flying in ’23, NASA’s already purchased six flights will cover its needs through around ’26.
After that, NASA will still need to buy manned flights, if only to get to the new commercial space stations being built, and Starliner will then be an option. This just means however that it will take Boeing a long time to recover its Starliner losses. And that assumes customers begin to line up to buy flights.
Now available in hardback and paperback as well as ebook!
From the press release: In this ground-breaking new history of early America, historian Robert Zimmerman not only exposes the lie behind The New York Times 1619 Project that falsely claims slavery is central to the history of the United States, he also provides profound lessons about the nature of human societies, lessons important for Americans today as well as for all future settlers on Mars and elsewhere in space.
Conscious Choice: The origins of slavery in America and why it matters today and for our future in outer space
, is a riveting page-turning story that documents how slavery slowly became pervasive in the southern British colonies of North America, colonies founded by a people and culture that not only did not allow slavery but in every way were hostile to the practice.
does more however. In telling the tragic history of the Virginia colony and the rise of slavery there, Zimmerman lays out the proper path for creating healthy societies in places like the Moon and Mars.
“Zimmerman’s ground-breaking history provides every future generation the basic framework for establishing new societies on other worlds. We would be wise to heed what he says.” —Robert Zubrin, founder of founder of the Mars Society.
All editions are available at Amazon, Barnes & Noble, and all book vendors, with the ebook priced at $5.99 before discount. The ebook can also be purchased direct from my ebook publisher, ebookit, in which case you don't support the big tech companies and I get a bigger cut much sooner.
Autographed printed copies are also available at discount directly from me (hardback $24.95; paperback $14.95; Shipping cost for either: $5.00). Just email me at zimmerman @ nasw dot org.