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Boeing’s Space Business Could Be Unstoppable in 2025. It Just Needs 1 Thing to Happen First.
By some measures, 2023 was the worst year ever for United Launch Alliance.
Formed from the merger of Boeing‘s (NYSE: BA) and Lockheed Martin‘s (NYSE: LMT) competing rocket businesses at the end of 2006, United Launch Alliance (ULA) quickly moved to dominate the business of space launch in the United States, launching a record 16 launches in 2009. But just one year later, SpaceX arrived on the scene with its transformative Falcon 9 rocket.
By 2015, Falcon 9 was competing with ULA for lucrative U.S. national security missions, and when Falcon 9 version became reusable, lowering its cost per launch, SpaceX quickly stole ULA’s role as America’s premier rocket launcher. Worse, with ULA in the process of phasing out both its Atlas V and Delta IV rockets in favor of a replacement rocket called “Vulcan,” ULA’s launch cadence was destined to fall even further.
Source Fool.com
Boeing’s Space Business Could Be Unstoppable in 2025. It Just Needs 1 Thing to Happen First
Boeing has been a major player in the aerospace industry for decades, but its space business has the potential to reach new heights in 2025. With advancements in technology and a growing demand for space exploration, Boeing is well-positioned to capitalize on the opportunities that lie ahead.
One key factor that could propel Boeing’s space business to new heights is the successful launch of its next-generation spacecraft, the Starliner. Designed to transport astronauts to the International Space Station and beyond, the Starliner has the potential to revolutionize human spaceflight and open up new possibilities for commercial space travel.
However, in order for Boeing’s space business to truly take off, the Starliner must first demonstrate its capabilities in a series of successful missions. With competition from other aerospace companies like SpaceX and Blue Origin, Boeing will need to prove that its spacecraft is reliable, safe, and cost-effective in order to secure future contracts and partnerships.
If Boeing can successfully launch the Starliner and establish itself as a leader in the space industry, the company’s space business could be unstoppable in 2025. With an eye towards innovation and collaboration, Boeing has the potential to shape the future of space exploration and redefine what is possible in the final frontier.
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