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NASA Awards Boeing New Contract Worth $359 Million

Original: How NASA Saved Boeing's Space Program With a New Contract and $359 Million

NASA has awarded Boeing a new contract worth $359 million, in what is being described as a rescue of the company's space program. Boeing's space unit has faced setbacks in recent years, and the new deal provides a significant financial and reputational lifeline. Commentators are weighing whether the agency is propping up a struggling contractor or making a strategic bet on Boeing's future in spaceflight.

Why now: NASA's decision to give a struggling contractor a major new contract has raised questions about the company's future in space.

NASABoeingThe Globe and MailThe Motley Fool

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