Boeing 737 Max 10 Certification Pushed Back After Software Issue Surfaces

NASA will purchase two more Boeing Starliner flights and invest $359M to fix thrusters and certify Vulcan rocket. Boeing has faced delays and losses with Starliner, but NASA sees it as the best option for astronaut transport post-SpaceX Dragon. Starliner missions are planned through 2028, with potential future contracts for private space stations.

NASA announced Boeing's Starliner spacecraft will conduct an uncrewed test flight to the ISS in late 2024 and a crewed mission in 2028. Starliner has faced multiple setbacks, including helium leaks and thruster failures. NASA and Boeing have addressed these issues, with Starliner-1 and Starliner-2 planned for future flights. NASA will invest $359 million in spacecraft upgrades and Vulcan Centaur certification.

Boeing's 737 Max 10 certification delayed due to a cockpit software issue, affecting deliveries to major airlines. The FAA is assessing the glitch, which may also impact Max 7 deliveries. Boeing is working on a solution, but the delay could affect its recovery and profitability plans. The Max 10 represents a third of Boeing's outstanding orders, with 1,500 orders from global airlines.

Boeing's (BA) stock fell sharply, marking its worst day in 1.5 years, after reports that the FAA delayed certification of the 737 Max 10. The Max 10 represents about 30% of Boeing's undelivered 737 orders, with around 1,400-1,500 orders placed. BA stock is down 15% year-to-date. Retail traders on Stocktwits maintained a bullish sentiment despite the news.

Boeing (BA) shares fell 7% after the FAA delayed 737 MAX 10 certification due to a software issue, causing uncertainty about production and delivery timelines.

NASA is providing additional support and $359 million to Boeing to fix its Starliner capsule, which had severe issues in 2024. A cargo-only launch is planned for December, with crewed flights delayed until 2028. NASA aims to have two U.S. astronaut transport options, with SpaceX already operational. Boeing's Starliner is crucial for future space station missions and private orbital outposts.