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Boeing (BA+0.06%) has one trick up its sleeve that could help its stock blast off in 2025. The Motley Fool reports that there’s significant investor intrigue surrounding the company’s space program after its rough 2024.
“We look forward to that team operating a game plan to execute with a much different level of performance as we exit next year,” CEO Kelly Ortberg said during the company’s earnings call in October.
The key to those efforts could be Boeing’s Vulcan rockets, which Amazon (AMZN-1.71%) will be using for a number of space launches next year. Additionally, the company is anticipating an approval to run national security missions for the U.S. government.
A brighter 2025 would mark a needed turnaround for Boeing. Some observers feared that Vulcan’s national security approval might be in danger after a rocket booster fell off during an October launch. (It didn’t help that Boeing was still working through the fallout from its door plug blowout from January).
Plus, Boeing’s failed CST-100 Starliner mission was a major embarrassment; the crew on board will have to hitch a ride home from rival rocket company SpaceX. In September, Boeing’s defense-and-space head Ted Colbert followed ex-CEO Dave Calhoun out the door.
Speaking of SpaceX, CEO Elon Musk was talking trash about Calhoun on his X social media platform on Christmas, saying that “Boeing is on a much better track with the new CEO” and that “the prior guy had no idea how airplanes or rockets worked. Just zero.”
Boeing’s Vulcan rocket is gaining momentum in the space industry, with recent approvals potentially paving the way for better opportunities in space exploration and commerce.
The Federal Aviation Administration recently granted Boeing approval for their Vulcan Centaur rocket to launch national security payloads, marking a significant milestone for the company’s space program. This approval could open up new opportunities for Boeing to compete for lucrative government contracts and expand their presence in the space industry.
Additionally, Boeing’s partnership with the United Launch Alliance (ULA) on the Vulcan rocket has garnered significant interest from commercial satellite companies and other potential customers. The advanced capabilities and reliability of the Vulcan rocket make it an attractive option for a wide range of missions, from satellite launches to space tourism.
With these recent approvals and partnerships, Boeing is positioning itself as a key player in the future of space exploration and commerce. The success of the Vulcan rocket could bring about exciting new opportunities for innovation and progress in the space industry. Stay tuned for more updates on Boeing’s Vulcan rocket and its potential impact on the future of space exploration.
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- Boeing Vulcan
- Vulcan spacecraft
- Space exploration
- Aerospace industry
- Boeing advancements
- Space technology
- Space missions
- Future of space travel
- Vulcan spacecraft approvals
- Boeing space initiatives
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