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Boeing to lay off about 400 workers on its SLS moon rocket programme

Business Standard LogoBusiness Standard11h ago

Boeing to lay off about 400 workers on its SLS moon rocket programme - Business Standard

Quick Summary:

The SLS layoff announcement comes about a week after Boeing unveiled a leadership change on its Starliner astronaut capsule.

The rocket has come under repeated criticism for its delays and ballooning budget, which is expected to cost as much as $23.8 billion through 2025.

The Artemis program was officially formed under Trump’s first administration, after he signed a policy directive to send humans back to the moon for the first time since the Apollo program ended more than a half century ago.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-08 @ 07:21:12 (11 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 474 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 30 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25972471

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 220 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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