In 2024, Boeing recovered more than half a billion dollars for its CST-100 Starliner program, bringing the commercial vehicle’s cumulative losses to just over $2 billion.
In the company’s annual filing with the U.S. Securities and Exchange Commission on February 3, Boeing said that in 2024, the company recovered $523 million from the Starliner. The company attributed the losses to “schedule delays and higher testing and certification costs, as well as higher post-certification mission costs.”
The company reported expenses of $125 million in the second quarter and $250 million in the third quarter. On January 23, the company warned it would incur additional losses in the fourth quarter but did not disclose the figures, publishing its financial results five days later. The full-year loss includes $148 million in the fourth quarter.
Boeing has recorded the most money spent on the Starliner in a single year, 523 million, exceeding the $489 million reported in 2019. The company’s total spending on the Starliner now stands at just over $2 billion.
“There remains a risk that we may record additional losses in future periods,” the company said in a 10-K statement.
Boeing executives did not address Starliner during the January 28 earnings call. Neither the company nor NASA has publicly discussed when the Starliner might fly again and whether it would be a test flight with or without a crew or an operational mission.
At a meeting of NASA’s Aerospace Safety Advisory Group on January 30, committee members said NASA had briefed them on the investigation into the problems the Starliner encountered during the Crew Flight Test mission. Although NASA reported “significant progress” on some issues, the engine problems that ultimately forced NASA to return the spacecraft without a crew remain unresolved.мічний корабель без екіпажу, залишаються невирішеними.
“The details provided by NASA have given us confidence that they are focused on the right core issues and the associated path to a safe Starliner flight,” said Paul Hill, a member of the commission, at the briefing, but did not provide details on when the Starliner might fly again.