Boeing's CST-100 Starliner program has incurred a reach-forward loss of $523 million, bringing its total financial losses beyond $2 billion, as revealed in its recent Form 10-K filing. This increased loss stems from delays in the Crewed Flight Test and higher-than-expected testing costs. Originally reported at $288 million in 2023, the losses indicate ongoing challenges faced by the project, which had a troubled start with its initial uncrewed flight in 2019. The Starliner's subsequent flights included more complications, culminating in an aborted crew mission in 2024, highlighting serious operational hurdles for Boeing.
In 2024, Boeing increased the reach-forward loss for the CST-100 Starliner project by $523 million, raising total losses to over $2 billion.
The increase in loss reflects schedule delays, higher testing and certification costs, and additional costs related to post-certification missions.
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