Boeing has lost more than $2 billion and counting on its Starliner spacecraft after a rough year in which the capsule’s first astronaut flight turned into a headache for NASA.

That’s a much bigger one-year loss for the program than we’ve seen in any of the previous years. The hemorrhaging isn’t over, though. Boeing warned that more losses may come as it struggles to get NASA to approve the spacecraft.

Oh, we knew that the Starliner program was a disaster on a bun for aerospace stock Boeing (BA). The fact that its astronauts are literally

John Mulholland, who previously managed the Boeing Starliner program before taking up the role on Boeing's space station operations in 2020, is set to take Mark Nappi's job.

Boeing (NYSE:BA) recorded its biggest annual reach-forward loss related to its Starliner program spacecraft in 2024, and has lost more than $2B since it first secured the nearly $5B fixed-price contract from NASA to develop the spacecraft.