NASA Revives Starliner Program, Boosts Boeing Stock
Boeing's stock (NYSE:BA) saw a slight increase in trading on Friday as news broke that NASA is taking steps to revive its Starliner program.
The program, which was marred by a high-profile failure last year, has been seen as a major setback for the aerospace company. However, with SpaceX planning to wind down its Crew Dragon program, Boeing's fortunes may be changing.
NASA is reportedly ordering two more crewed missions on Starliner and will cover the costs of fixing thruster issues. Additionally, NASA will provide support to get launch duties back on track.