Boeing's Space Business Could Be Stoppable After All in 2025
I was wrong about Boeing in December. Imagine that!
It's time for me to issue a mea culpa. A couple of months ago, I predicted a banner year for Boeing's (NYSE: BA) defense and space (BDS) business, so long as just one thing happened first.
If you recall, the new Vulcan space rocket, built by the Boeing- Lockheed Martin (NYSE: LMT) joint venture called United Launch Alliance, or ULA, had launched more or less successfully twice already. Vulcan was in line to receive national security certification to begin regular launches, worth billions of dollars, for the U.S. Space Force, and ULA CEO Tory Bruno expected to receive certification "momentarily."
That was three months ago, though, and certification still hasn't happened.
