NASA May Cancel Boeing's Big $82 Billion Space Opportunity
The aerospace giant's loss may be other companies' gain, with SpaceX and Blue Origin among the prime potential beneficiaries.
"The report of my death was an exaggeration."
-- Mark Twain
First published more than 125 years ago, the great author's quip about his rumored demise applies well to the situation today with NASA's Space Launch System (SLS), a 322-foot tall rocket designed to carry astronauts to the moon, and built by Boeing (NYSE: BA) and its partners.
I've written at least a half dozen stories, dating back as far as 2018, highlighting various political efforts to cancel the SLS program and its $82 billion worth of future NASA contracts. Just last year, for instance, the NASA Office of Inspector General called the SLS excessively expensive, while former New York Mayor Michael Bloomberg lambasted it as likely unnecessary. And yet the program lives on.
