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NASA tells SpaceX to halt lunar lander work pending contract challenges - Vimarsana News

NASA tells SpaceX to halt lunar lander work pending contract challenges

FILE PHOTO: The NASA logo is seen at Kennedy Space Center ahead of the NASA/SpaceX launch of a commercial crew mission to the International Space Station in Cape Canaveral, Florida, U.S., April 16, 2021. REUTERS/Joe Skipper SEATTLE (Reuters) - U.S. space agency NASA has told Elon Musk's SpaceX to halt work under a contract it won to develop a lunar spacecraft, pending the outcome of challenges by rival bidders at the U.S. Government Accountability Office, the agency said on Friday. NASA's decision means SpaceX has to stop any work specifically related to the moon program contract until th...

Boeing posts smaller loss as aircraft deliveries improve - Netscape Money & Business - Vimarsana News

Boeing posts smaller loss as aircraft deliveries improve - Netscape Money & Business

Boeing posts smaller loss as aircraft deliveries improve 04/28/2021 11:38 (Reuters) - Boeing Co on Wednesday reported a smaller quarterly loss, helped by an improvement in aircraft deliveries as its 737 MAX jets come back on line and airlines prepare for a recovery in travel this summer. Airlines have been ramping up flight capacity as rising vaccination rates make travelers confident about traveling once again. That has boosted deliveries of Boeing's fast-selling 737 MAX plane after it was cleared by regulators to re-enter service late last year following two fatal accidents, lifting rev...

Longer runway, daunting challenges ahead for Boeing CEO - Vimarsana News

Longer runway, daunting challenges ahead for Boeing CEO

Longer runway, daunting challenges ahead for Boeing CEO Reuters 2 hrs ago By Eric M. Johnson and Ankit Ajmera © Reuters/LINDSEY WASSON FILE PHOTO: A Boeing logo is seen at the company's facility in Everett By Eric M. Johnson and Ankit Ajmera (Reuters) - Boeing Co's newly prolonged CEO Dave Calhoun will unveil the U.S. planemaker's results on Wednesday juggling a barrage of technical and financial challenges under the shadow of mounting political tensions between the United States and China. © Reuters/PAULO WHITAKER FILE PHOTO: FILE PHOTO: The Boeing logo is pictured ...

Source: msn.com
Boeing extends CEO's retirement age, a vote of confidence during crises - Vimarsana News

Boeing extends CEO's retirement age, a vote of confidence during crises

Boeing extends CEO's retirement age, a vote of confidence during crises By Sanjana Shivdas and Eric M. Johnson Reuters (Reuters) -Boeing Co has extended the company's retirement age to allow Chief Executive Officer Dave Calhoun to serve in the top job, a vote of confidence and a play for continuity as the U.S. planemaker works through the COVID-19 and 737 MAX crises. Boeing also said Chief Financial Officer Greg Smith will retire in July. Investors will be eager for more details and color on the company's board and executive leadership during its annual shareholders meeting later on Tuesday...

Boeing shares dive 4% after CFO's shock retirement, CEO extended - Vimarsana News

Boeing shares dive 4% after CFO's shock retirement, CEO extended

Boeing Co announced the retirement of its finance chief for the past decade, Greg Smith, and the crisis-hit jetmaker's shares fell 4% even as it signaled stability by prolonging its chief executive.