Boeing and the fear of competition
Boeing has indicated that it might shelve its CST-100 manned capsule, despite their recent almost half a billion dollar contract award from NASA.
This possibility illustrates why Boeing is losing market share, not only in space, but in the aviation industry. The article suggests that the NASA contract might not be enough to pay for CST-100, and that Boeing is unsure there is enough private market to make up the difference.
“That’s just for the ISS. That’s kind of the basement,” adds Elbon. More flights than those to the ISS are required he says, and Boeing is cautious about over-committing itself while future revenue streams are unclear.
I say bull hockey.
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