Panelists Ben Levisohn, Al Root and Megan Leonhardt examine some of 2024’s biggest turnaround fails on ‘Barron’s Roundtable.’
Boeing on Saturday warned employees involved in its Space Launch System moon rocket program that it expected to lay off around 400 people.
The news comes amid delays and rising costs for NASA’s Artemis program, which was established during President Trump’s first term, and aims to send astronauts back to the moon.
Its budget is expected to be around $93 billion through the end of the year.
It also comes as the new Trump administration has started to lay off government employees from some institutions, although it’s not clear whether the Elon Musk-run Department of Government Efficiency (DOGE) plans to make cuts to NASA.
ONE YEAR AFTER BOEING’S DOOR PLUG CRISIS, MORE WORK IS NEEDED: FAA
One of four main engine nozzles is shown on the…
