Time: 2024-08-30
Boeing is reportedly see selling its joint venture rocket launch business , United Launch Alliance ( ULA ) , which it operate with Lockheed Martin . The aerospace giant has confront challenge in Holocene old_age , include high - profile airplane failure and reverse with its Starliner spacecraft . Currently , two astronaut are maroon at the International Space Station due to issue with the Starliner , and they will be recover by a rocket from rival SpaceX.
harmonize to report , Boeing and Lockheed are look to sell ULA in a deal that could potentially fetch to billion . The sale would let Boeing to focus on its core aerospace and defense business while exploitation the return to support its other enterprise . Sierra Space is state to be in negotiation to get ULA , a move that would give the company More control over its launches.
Despite the reverse , Boeing employee have express discouragement over the situation , with morale within the company 's space division reportedly at an all - time low . Some employee have voice embarrassment over the fact that SpaceX had to measure in to aid Boeing , with one employee even state , " We hate SpaceX."
With uncertainty surround Boeing 's spaceflight ambition , the future of the company in the aerospace sector remains uncertain . It is ill-defined what it will return for Boeing to get_the_better_of its current challenge and bend things around.
The Starliner undertaking , which has confront numerous issue include component failure and cost overproduction , may be in hazard . investor have show interest in the undertaking , lead to a boost in Boeing 's stock monetary_value . However , with NASA knock Boeing 's contribution to the space plan and the at_hand decommission of the International Space Station in 2030 , the future of the Starliner undertaking remains uncertain.
Additionally , Boeing 's new widebody aircraft has confront challenge with United Airlines due to its size . The aircraft is see too large for United 's multi - hub network and may be better suit for airline with a single hub . Despite the aircraft being well - see , its size airs a problem for potential user , especially in the U.S. market.
analyst on Wall Street rich_person a centrist Buy consensus evaluation on Boeing stock , with a monetary_value target propose top potential . After a significant loss in share monetary_value over the past year , Boeing continue to face challenge in both its space and aviation divisions.
In decision , Boeing 's decision to potentially sell ULA and the uncertainty surround its space undertaking raise question about the company 's future in the aerospace industry . The challenge confront by Boeing , include reverse with the Starliner undertaking and issue with its new aircraft , highlight the trouble the company is currently navigating.