Boeing charges USD 185 million to Starliner for the delay in flying its commerci
Posted by Kapil on November 1st, 2021
DUBAI, United Arab Emirates – Boeing stated on Oct. 27 that it will deduct an additional 5 million from its earnings to cover the costs of restoring service to its CST-100 Starliner commercial crew vehicle.
The charge was disclosed in the company’s second-quarter financial reports. The charge was triggered by “the second uncrewed Orbital Flight Test presently scheduled for 2022 and the most recent appraisal of remaining work,” according to them.
In January 2020, the business took a 0 million charge to cover the costs of completing a second uncrewed trip, which is estimated at the time. Due to software issues, the original OFT mission of December 2019 could not be completed.
OFT-2, Boeing’s second uncrewed test flight, was supposed to take place in early August. This was cleared up hours before liftoff when valves in the spacecraft’s propulsion system failed to open during a launch attempt.
Engineers discovered 13 valves that were locked shut, most likely due to nitric acid corroding the valves after nitrogen tetroxide propellant seeped through the valves and combined with moisture.
Discussing the Challenges
During a conference call with financial analysts, Boeing CEO David Calhoun mentioned the matter briefly. “As previously declared, Boeing and NASA teams have marked the most likely reason for failure of the valve on our commercial crew Starliner.
He went on to say, “They’re working on remedial and preventive activities.” “We’re looking into the possibility of launching the second Orbital Flight Test in 2022, pending hardware readiness, rocket manifest, and space station availability.”
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