NASA Backs Boeing Starliner Revival With $359M and 2027 Cargo Flight Target
BA is trading near its 52-week low of $176.77 (4.5% above the low) on elevated volume (3.0× avg).
Summary
NASA Administrator Jared Isaacman publicly endorsed Boeing's Starliner program, calling it the fastest path to preserving a second U.S. crewed access to low Earth orbit. The agency plans an uncrewed cargo flight to the ISS as early as December 2026 or January 2027, with the first post-mishap crewed flight targeted for 2028. NASA will spend an additional $359 million on upgrades and rocket certification, and Boeing still faces 61 recommendations from the 2024 mishap investigation, including a thruster-valve redesign. This follows a series of setbacks for Boeing's space division, including the 2024 Starliner failure and NASA's recent shift of crew missions to SpaceX. The commitment provides a clearer path for Starliner's return to flight, though certification hurdles remain. Watch for progress on the thruster-valve redesign and Vulcan certification, which are prerequisites for the crewed flight.
At the time of this announcement, BA was trading at $184.66 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $145.7B. The 52-week trading range was $176.77 to $254.35. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Benzinga.