Boeing’s Starliner Spacecraft Tops $2B in Losses

Company’s beleaguered human spaceflight program has now exceeded its NASA contract value by several billion dollars.

Tuesday, February 04, 2025 at 02:55 PM ET

Verified

Boeing’s Starliner capsule undocks from the International Space Station (ISS) in September without the crew of its inaugural crew flight test (CFT). [Courtesy: NASA]

Key Takeaways:

Boeing's Starliner spaceflight program has incurred over $2 billion in losses, with more than $500 million in 2024, as revealed in a recent SEC filing.
The Starliner's inaugural crew flight test successfully delivered astronauts to the ISS but encountered significant issues, including helium leaks and faulty thrusters, preventing it from returning the crew as planned.
Due to these problems, Starliner remains uncertified for commercial crew missions, its next flight timeline is uncertain, and Boeing is reportedly considering selling the program.

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According to a new quarterly filing submitted to the Securities and Exchange Commission (SEC) by Boeing, the aerospace titan’s Starliner spaceflight program has now topped $2 billion in losses.

The quarterly 10-K filing, published Monday, reflects a loss in 2024 of more than $500 million on the beleaguered Starliner program, which delivered two NASA astronauts to the International Space Station (ISS) but failed to bring them home. Boeing has yet to announce when the spacecraft will fly next.

Jack Daleo

Jack is a staff writer covering advanced air mobility, including everything from drones to unmanned aircraft systems to space travel—and a whole lot more. He spent close to two years reporting on drone delivery for FreightWaves, covering the biggest news and developments in the space and connecting with industry executives and experts. Jack is also a basketball aficionado, a frequent traveler and a lover of all things logistics.