Boeing May Sell Space Programs to Focus on Core Business

Boeing, a well-known aerospace company, is considering selling its space-related programs. This includes the Starliner space vehicle and operations at the International Space Station (ISS). The company's new CEO, Kelly Ortberg, is behind this move as part of a strategy to simplify Boeing's portfolio. This comes amid financial struggles, with Boeing's stock rising slightly recently. The company's defense and space division has faced delays, leading to significant losses.Boeing's union workers are also on strike, with key issues being wage increases and pension restoration. Despite Boeing's history with NASA, SpaceX has taken over as the primary partner for astronaut transport. Boeing will still manage NASA's Space Launch System (SLS) for future lunar missions. Potential buyers for Boeing's NASA contracts include Blue Origin, owned by Jeff Bezos.