Boeing's Starliner spacecraft is seen before docking with the International Space Station on May 20, 2022 during the uncrewed OFT-2 mission.
Boeing on Wednesday reported a $257 million charge in the second quarter for its Starliner astronaut spacecraft program, bringing the program's to-date overrun costs to $1.5 billion as delays continue.
The aerospace giant blamed the charge on its decision last month to indefinitely delay the first crewed Starliner launch.
Starliner was scheduled to launch in late July and carry a pair of NASA astronauts to the International Space Station.
Since 2014, when NASA awarded Boeing with a nearly $5 billion fixed-price contract to develop Starliner, the company has recorded losses on the program almost every year.
Persons:
Starliner
Organizations:
International, Station, Boeing, NASA, International Space