Why It Took Boeing A Decade To Launch NASA Astronauts On Starliner

  Рет қаралды 189,770

CNBC

CNBC

Күн бұрын

Boeing’s Starliner is a human-grade space capsule designed to take astronauts to and from the International Space Station. Boeing began work on the capsule in 2014, when it signed a $4.2 billion contract with NASA under the agency’s Commercial Crew Program. NASA also selected SpaceX for the job, giving Elon Musk’s company $2.6 billion to develop its Crew Dragon capsule. In the decade since, Boeing has struggled to deliver on the six missions it’s contracted to fly with NASA amid a myriad of delays and technical issues. SpaceX, meanwhile, has completed over a dozen crewed missions to space since 2020, launching both NASA astronauts and private citizens.
In early June, Boeing launched its last test, a milestone crewed mission, which it needs to complete before NASA can certify Starliner to begin operational missions. Watch the video to learn more about the obstacles that Boeing has faced with its Starliner project and what the future may hold for its long-awaited capsule.
Chapters:
0:00 - Introduction
3:00 - Legacy space player
6:13 - Delays and hurdles
9:44 - SpaceX competition
11:27 - Future of Starliner
Produced and edited by: Magdalena Petrova
Supervising producer: Jeniece Pettitt
Additional footage: NASA, Getty Images
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to be a successful, confident communicator? Take CNBC’s new online course Become an Effective Communicator: Master Public Speaking. We’ll teach you how to speak clearly and confidently, calm your nerves, what to say and not say, and body language techniques to make a great first impression. Sign up today and use code EARLYBIRD for an introductory discount of 30% off through July 10, 2024: cnb.cx/4aryNgM
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC on Threads: cnb.cx/threads
Follow CNBC News on X: cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: cnb.cx/WhatsAppCNBC
#CNBC
Why It Took Boeing A Decade To Launch NASA Astronauts On Starliner

Пікірлер: 503
@jez5855
@jez5855 18 күн бұрын
Two big difference between SpaceX and Boeing. One's intent on developing a launch vehicle that could take people to Mars (as ambitious as that sounds), while the other one has a main goal of making money. I'm sure there are lots of smart people on both companies, but leadership and vision matters a lot.
@EvilNeuro
@EvilNeuro 18 күн бұрын
I will day. Spaacex wants to make money to. But they get their money from decent sources! I.e they launch other people's sats. They have starlink (amazing product btw)
@ThisNoName
@ThisNoName 17 күн бұрын
It's really just because of one person. Without the dude, we would have been riding soyuz now while cheering the amazing feat of Boeing fixing another defect for a mere billion
@lanzer22
@lanzer22 17 күн бұрын
@@EvilNeuro That's true, SpaceX also wants to make money, and they differ in ways where they are making a lot of profit from their innovative launch system and products. Another interesting way to differentiate is that making money is a means to an end for SpaceX. The end is to populate Mars/make us multiplanetary. On the other hand Boeing's end is to make money/raise its stock price, and the means is to outsource and cut cost. Many people like to use the lens of - it's a company therefore its out there to make money, which is obviously true, any company that doesn't make money will go bankrupt, but is "wanting to make money" the root of evil within itself? One have to break down the "why" a company wants to make more money, and whether their actions align with their mission statement. One can look into how a company spends its profit to get a clear picture. SpaceX spend their money on research and development, to the point of receiving criticism of being a money pit, while Boeing spend their money on R&D too, but majority of it was spent on stock buybacks. Obviously there are countless other metrics, such as the company culture, pace of innovation, product development timeline, quality or safety of products, and the list goes on. Though most can already paint a larger picture with just those few aspects mentioned.
@Astra2
@Astra2 17 күн бұрын
Their goal is even more ambitious than that, build a city of a million people on Mars by 2050. Probably not gonna happen, but even they accomplish only 0.1% of that goal, that's still a colony of 1,000 people.
@yaash4123
@yaash4123 17 күн бұрын
​​@@EvilNeuro SpaceX gets paid by the government lol. Starlink is a money pit.
@bernob9770
@bernob9770 18 күн бұрын
Boeing isn't the same company anymore.
@nesseihtgnay9419
@nesseihtgnay9419 18 күн бұрын
yea they have become so comfortable, because now they are being funded by the government and they know they are too big to fail, so they became lazy and corrupt.
@empanadasfritas7142
@empanadasfritas7142 18 күн бұрын
Trump got involved. That's the reason its going to hell.
@ThisNoName
@ThisNoName 17 күн бұрын
Nor is CNBC
@user-nu1sq2fz8s
@user-nu1sq2fz8s 17 күн бұрын
Obviously
@empanadasfritas7142
@empanadasfritas7142 17 күн бұрын
@@user-nu1sq2fz8s Are you a human?
@xiphoid2011
@xiphoid2011 18 күн бұрын
Boeing is too profit focused. No more "fixed price contracts"? That just means no contract for Boeing. SpaceX and other companies will just be eating it's lunch.
@ghostrunner2138
@ghostrunner2138 18 күн бұрын
yeah that's basically busuiness speak for, if we can't pester congress for more money than we actually need, we don't want to be a part of it. Very reassuring from one of the biggest aerospace companies in the world.
@theclamhammer4447
@theclamhammer4447 18 күн бұрын
You can’t have for profit which requires incentives and results then offer guaranteed profit yet the government has given it to Boeing. Blame your government.
@ghostrunner2138
@ghostrunner2138 18 күн бұрын
@@theclamhammer4447 well I think the government is starting to figure out that spacex can do exactly what Boeing can and more while being faster and cheaper so they gonna be getting this contracts
@welles28
@welles28 18 күн бұрын
So your position is that a corporation, which has a fiduciary responsibility to its' shareholders, should continue to absorb losses indefinitely because...reasons? You do realize that, at the end of the day, someone has to pay for all of this, and if it isn't Boeing, then it will be you and me and every other taxpayer, right?
@ghostrunner2138
@ghostrunner2138 18 күн бұрын
@@welles28 it’s their own doing maybe if your product wasn’t extremely over budget and way off schedule and have so many issues it wouldn’t happen. Spacex got less money and they seem to be doing just fine and idk about you but I’ll fly on dragon 10 times before a starliner
@guspaz
@guspaz 18 күн бұрын
Starliner's June 5th launch suffered from serious post-launch issues, including the failure of five thrusters and numerous helium leaks. They only reason they were able to dock at the ISS was because they were able to fix some (but not all) of the thrusters in-flight, forcing them to perform a manual docking. If I were NASA, I'd be requiring another test flight before certifying it, because they still have not demonstrated a successful mission without major in-flight technical failures.
@cp987
@cp987 17 күн бұрын
yup, its strange that this video didn't mention any of these issues. The video made it seem like the starliner launch was entirely successful and is ready to fulfill future spaceflight missions.
@flynlr
@flynlr 17 күн бұрын
and it still has to return safely
@bachhongtran
@bachhongtran 17 күн бұрын
I am not an engineer but i think US UK is the best among the bests in this kind of large engine. If they could not get better then we are doomed.
@yevgeny79
@yevgeny79 17 күн бұрын
​​@@cp987also strangely missing from the news is the fact that the ULA Atlas V first stage is powered by Russian err Soviet RD180 engines. 😂
@robinjulien5163
@robinjulien5163 17 күн бұрын
@@yevgeny79 and not reusable
@jkallen58
@jkallen58 18 күн бұрын
I don't feel this video identified the root cause of why Boeing is delayed and overbudget. The video title: "Why It Took Boeing A Decade ....." suggested it would explain why they are delayed, however I don't think identifying valve issues and highlighting how SpaceX did it so much faster and cheaper, explains why.
@falcychead8198
@falcychead8198 17 күн бұрын
They touched on the root issue when comparing SpaceX's goals to Boeing's. SpaceX is committed to expanding the human presence in space. Their long-term plan is to put people in permanent bases on the moon and on Mars. Boeing is in the business of getting money from the government. Their long-term plan is to keep getting money from the government.
@yaash4123
@yaash4123 17 күн бұрын
SpaceX has the potential to go bankrupt with the way it's destroying Starship over and over.
@johntheux9238
@johntheux9238 17 күн бұрын
@@yaash4123 They landed both stages during the last flight. Don't see what you are talking about.
@ericbell217
@ericbell217 16 күн бұрын
​@@yaash4123 I don't think you understand what prototyping and test flights means...
@swiggeyy8620
@swiggeyy8620 12 күн бұрын
@@yaash4123braindead comment
@ClassyMonkey1212
@ClassyMonkey1212 18 күн бұрын
Fixed price is how all contracts should be
@VersaFlow
@VersaFlow 16 күн бұрын
Fixed price contracts limit innovation and incentivizes cutting corners. Non-fixed contracts enable greater discussion between the contractor and contractee. Non-fixed contracts also pressure the contractor to supervise and scrutinize each stage of the contract.
@RandomsHouse
@RandomsHouse 15 күн бұрын
You are correct. As Warren Buffet stated, you get what you incentivize. Cost+ incentivizes waste.
@RossComputerGuy
@RossComputerGuy 15 күн бұрын
​@@VersaFlowbut Starliner doesn't innovate.
@VersaFlow
@VersaFlow 15 күн бұрын
@@RossComputerGuy Starliner is a fixed price contract...
@hydrolifetech7911
@hydrolifetech7911 15 күн бұрын
​@@VersaFlowthat's the nonsense traditional MIC pushes. Boeing had decades of experience, got more money for the same program than SpaceX, SpaceX still managed to complete their contract faster and cheaper. How do you 'explain' that?
@ghostrunner2138
@ghostrunner2138 18 күн бұрын
The problem is Boeing has gotten too close to the Government and gotten comfortable knowing they can get more money basically whenever they want instead of a fixed amount to develop something. This creates a situation where the company has zero incentive to be quick or efficient in its design process. Spacex on the other hand had a fixed amount and knew if they couldn't get it to work they wouldn't get any handouts and so they were actually required to be fast and effective and deliver a good product the first time.
@doctornick99
@doctornick99 18 күн бұрын
Don't forget those lobbyists they have bribing politicians to get them limitless military contracts. The Pentagon routinely cannot pass financial audits..."Losing" billions in the thin air...no accountability.
@Robweisenhowser
@Robweisenhowser 18 күн бұрын
Another example of the govt getting involved into something they shouldn’t have and it going down the drain
@welles28
@welles28 18 күн бұрын
I agree that you can make that case, but at the same time I believe that your faith in Lord Musk may be misplaced, given his less than steady (and seemingly de-compensating) stewardship of X and Tesla.
@Robweisenhowser
@Robweisenhowser 18 күн бұрын
@@welles28 Except we’re talking about SpaceX which isn’t what you mentioned
@user-nu1sq2fz8s
@user-nu1sq2fz8s 17 күн бұрын
​​@@Robweisenhowseractually this is lack of government because FAA part of government didn't do their job to regulate Boeing
@JPurvis10
@JPurvis10 18 күн бұрын
When a MBA is in charge of an Engineering company, you will have problems.
@welles28
@welles28 18 күн бұрын
That is a very broad generalization. That said, things pretty clearly started deteriorating for the company after the McDonnell Douglas acquisition/merger.
@lennard4454
@lennard4454 17 күн бұрын
Dunning-kruger comment
@Tokamak3.1415
@Tokamak3.1415 17 күн бұрын
@@lennard4454 It quite appropriate with no overconfidence. Intel had the same missteps. You can't put somebody at the head of a technology forward company who has no background in any of the basic sciences. Bill Allen was a JD by trade but he spent so much time around airframe production by the time he took Boeing reins that he understood the development cycles. You put Target's CEO in charge of Nvidia or Northrup and it will be dead in 3 years. That moved to Chicago that separated the head from the hands did not help either.
@ouliu9305
@ouliu9305 17 күн бұрын
But according to media, Mr. Musk is worse than MBA, he actually knows nothing and often acts like a drunken person. How could SpaceX have survived with him?
@l.carlossimental6096
@l.carlossimental6096 16 күн бұрын
Maybe not when the MBA also has a degree in engineering.
@Asterra2
@Asterra2 17 күн бұрын
Left unmentioned in this report is the fact that despite Boeing's contract being "fixed price", it's clear that Boeing for one-and quite possibly NASA themselves-were counting on this "fixed" nature being flexible as usual. Boeing asked NASA for an additional $279 million beyond what they were being paid, and the US taxpayers paid Boeing that extra $279 million, courtesy of an obliging NASA. The only reason this didn't continue is because the Inspector General caught wind of it and put a stop to it. Boeing didn't even possess the grace to silently let it drop, as they wrote a thoroughly pi-sy letter explaining why they should be allowed to continue getting paid additional money regardless of the contract being "fixed price."
@jimschachtschneider7741
@jimschachtschneider7741 18 күн бұрын
Until the 1970s Boeing was an engineering focused company with engineers and aviators making up the majority of management. Emphasis was placed on providing quality, safe products and customer satisfaction. In the 1970s management began to be dominated by MBAs and accountants. Emphasis changed to short term profits and share value. This only became worse when McDonald Douglas merged with Boeing.
@user-nu1sq2fz8s
@user-nu1sq2fz8s 17 күн бұрын
Greed is never good remember that that
@user-lf3vm1vf9s
@user-lf3vm1vf9s 17 күн бұрын
道格拉斯实际上吸收了波音,而不是波音吸收了道格拉斯。
@jimschachtschneider7741
@jimschachtschneider7741 17 күн бұрын
@@user-lf3vm1vf9s LOL. You are right. Officially it was the other way.....but....
@tomdavis8757
@tomdavis8757 17 күн бұрын
Actually if you look at the transaction Douglass bought Boeing with Boeings money to avoid bankruptcy and still managed control of the board and just a few years later hit headquarters moved to Chicago which isn’t that far from its Missouri former headquarters and much further away from the Seattle Boeing business. Hence Boeing died July 1, 1997
@albear972
@albear972 18 күн бұрын
Boeing was too preoccupied trying to put on gigantic engines on the 737 that wasn't designed for them.
@welles28
@welles28 18 күн бұрын
To be fair, the aircraft business is one that makes Boeing actual profits. Starliner does not.
@user-nu1sq2fz8s
@user-nu1sq2fz8s 17 күн бұрын
Not anymore .
@tomdavis8757
@tomdavis8757 17 күн бұрын
@@welles28so you know how much nasa paid for this aircraft and/or mission?
@xlynx9
@xlynx9 16 күн бұрын
​@@tomdavis8757 it's true Boeing didn't profit from CCDev. But what ​@welles28 doesn't seem to understand is that it was Boeing's responsibility to (1) Bid a price and solution they can actually deliver (2) Reduce costs through good management, innovation and efficiencies (3) Compete with other players on cost, capability, and delivery date. Boeing failed in each and every area. Boeing is saying that fixed price contracts are too risky because they can't correctly estimate a price range for their own proposals. They could simply add more padding to de-risk budget overrun, but then they would be eliminated on the basis of price, because they can't compete with more nimble players. This is a pretty typical situation for a legacy company that became complacent and inefficient, enjoying an environment of protection and misaligned incentives.
@steyefong590
@steyefong590 16 күн бұрын
That is a different division of Boeing.
@materiallistprollc7741
@materiallistprollc7741 17 күн бұрын
The launch cadence for SpaceX so far this year is currently a launch every 2.7 DAYS. Last year's cadence was a launch every 3.8 days. Practice makes perfect.
@steyefong590
@steyefong590 16 күн бұрын
The advantage of their rocket being reusable is they can learn more these returned rockets. Each launch is in fact an iteration in testing.
@sugabelie8881
@sugabelie8881 16 күн бұрын
@@steyefong590 Agile testing, same thing with the starship, each launch has some improvement than the last launch.
@xstaticelite1640
@xstaticelite1640 15 күн бұрын
Reusable rockets is a massive economic advantage. Also starlink let's them get data from unrecoverable spacecraft that others don't have access to. Like for Starship they got visual and sensory telemetry live right until it blew up!
@sugabelie8881
@sugabelie8881 15 күн бұрын
@@xstaticelite1640 Yeah but i just hope next time they could put a windshield wiper next flight :>
@UberHypnotoad
@UberHypnotoad 18 күн бұрын
When you’re composed of companies that basically enjoyed a monopoly for so long, there’s just no competition to stay sharp.
@concernedcitizen6240
@concernedcitizen6240 17 күн бұрын
Well said .
@grahammonk8013
@grahammonk8013 17 күн бұрын
@UberHypnotoad Not just Boeing. From the Ashley Vance biography, there was a story about one engineer who obtained a quote for a release mechanism, and it was, I dunno, $30,,000? Elon laughed and said, "It's no more complex than a garage door opener. Go and design one, your budget is $1,500" Took the guy months, but he got it built for under $1,000. Until SpaceX, the whole aerospace supply chain was bloated, slow, and complacent. My guess is right now, some woke up, some are still managing to sell to Boeing, the rest are in gone.
@RyanChan
@RyanChan 17 күн бұрын
Boeing is way too profit driven. Several billions overbudget and 7 years behind schedule is unacceptable, and that's in addition to the SLS moon rocket being $6 billion over budget and 6 years behind schedule
@richardc020
@richardc020 18 күн бұрын
Overruns means profits to shareholders, and they only care about those.
@somewhiteguy8407
@somewhiteguy8407 17 күн бұрын
Let's be real here, SpaceX is gonna go places far more faster than these guys wish they could do in a lifetime
@TimeMasterOG
@TimeMasterOG 17 күн бұрын
Absolutely especially after ift4 showcased how capable their rocket is
@hierox4120
@hierox4120 17 күн бұрын
The only reason why Boeing doesn't want fixed contracts is because they have less freedom to cook the books.
@Viper607706
@Viper607706 2 күн бұрын
You don't need to cook the books when you're financially rewarded for working as slowly as possible
@LouiseChong-xk5xp
@LouiseChong-xk5xp 18 күн бұрын
How was the gas leak going? Please make sure those astronauts come back to earth safely.
@wisanu99
@wisanu99 18 күн бұрын
It’s not safe. But my morbid view is that it’s what’s going to take to stop this incompetent company from doing anything further with space program. Boeing is going to be brought down to its knees. All mid managers that are making decision based on cost will be fired and the engineering and safety culture can thrive again.
@bubamaranovichok4901
@bubamaranovichok4901 18 күн бұрын
Enough of hopes, just ask the Russians again to sell properly working rocket engines, and bring home those damn astronauts!
@nipheleim871
@nipheleim871 17 күн бұрын
@@bubamaranovichok4901you mean SpaceX?
@skytron22
@skytron22 17 күн бұрын
@@bubamaranovichok4901 lmao the Russians? Why? Just hire SpaceX, it’s cheaper, faster, and easier for NASA. Oh wait, can’t have Boeing looking bad now can they?
@ThisNoName
@ThisNoName 17 күн бұрын
astronauts are in their space suit during reentry, so even the door blow off mid-space, they would be totally fine
@Otter-Destruction
@Otter-Destruction 18 күн бұрын
How is Boeing/ULA suppose to be a viable competitor if its launchers aren't reusable it seems like that alone makes it uncompetitive against SpaceX
@SciFlyGal
@SciFlyGal 17 күн бұрын
Assuming it doesn’t shut down after the ISS contracts, the starliner will be launched on a ULA Vulcan rocket which will be partially reusable.
@snuffeldjuret
@snuffeldjuret 16 күн бұрын
@@SciFlyGal we will see if it actually "will be".
@jamescarter8311
@jamescarter8311 15 күн бұрын
@@SciFlyGal "Partially reusable" one day. Not in the near term and maybe never.
@nickmcconnell1291
@nickmcconnell1291 17 күн бұрын
Did you see the control panel in the Starliner? It looks like Apollo with toggle switches everywhere They haven't hardly improved their engineering a bit They are antiques! Compare to SpaceX dragon control panel which is super clean and software driven.
@KLRJUNE
@KLRJUNE 18 күн бұрын
This report will be featured on the next collective video of reporters all over the country saying EXACTLY THE SAME THING as if one person is writing the news and alleged reporters are just reading a script.
@EvilNeuro
@EvilNeuro 18 күн бұрын
That is because.... stations like NBC. Fox. Cnbc. Etc. Own the majority of local news stations. The us actually is rated at such a lower freedom of press. Because that so much of the press is owned by a few companies
@Custo911
@Custo911 18 күн бұрын
I guess they can prove their viability by not accepting anything but cost+ contracts going forward? :) Rather unfortunate that they are not adapting as we all would be better for having 2+ companies competing in space.
@guspaz
@guspaz 18 күн бұрын
That may preclude Boeing from future participation in crewed spaceflight: why would anybody ever agree to give Boeing a cost-plus contract when far more experienced competitors like SpaceX are willing to do it for fixed-price?
@gregkelly2145
@gregkelly2145 17 күн бұрын
Interesting mention of flying to commercial space stations. With Crew Dragon being $55 million per seat and Starliner doing the exact same job for $90 million what fool would choose Starliner?
@sugabelie8881
@sugabelie8881 16 күн бұрын
Btw it cost more to fly on the Starliner than just bought a seat on the Soyuz spacecraft from Russia
@deimos9
@deimos9 17 күн бұрын
SpaceX can flew 2 dragon with amount of money you put into single Starliner mission Boeing, and even more reliable
@LyodDan
@LyodDan 17 күн бұрын
Awesome video, Gracias,! I think the market is over-heated. And I am concerned that people are focusing less on fundamentals and just chanting the mantra of dollar cost averaging and driving the market higher without considering fundamentals. It is a catch-22 for me. I mean I like crypto prices going higher but I also hate buying over-priced market and ETFs. Personally, I have stopped buying growth ETFs- they are ridiculously over-valued. Dividend crypto and ETFs are a little better but they are still over-valued. There is some hope with small and mid caps. I am not sure they are undervalued but at least they are less over-valued..This pattern offers a valuable insight for strategic planning. Despite these trends, i have delve deeply into active trading and managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to Haley Eleanor , whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@EryRou
@EryRou 17 күн бұрын
She is my family' personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
@doggedogge9395
@doggedogge9395 17 күн бұрын
The true financial unlock comes when you understand and know the technique required to manage your investment's overall risk profile and avoid permanent capital loss. It is critical to have a strategy in place to capitalize on profits when they occur.
@Aaronwyatt205
@Aaronwyatt205 17 күн бұрын
Oh yeah sure, she's active on What's ApK
@Aaronwyatt205
@Aaronwyatt205 17 күн бұрын
+191
@Aaronwyatt205
@Aaronwyatt205 17 күн бұрын
6287
@RockLeeMC
@RockLeeMC 13 күн бұрын
I would not trust that “Starliner” to carry me back home to Earth. SpaceX Dragon to the rescue.
@mikeshaunnessey9303
@mikeshaunnessey9303 17 күн бұрын
Elan is a brilliant engineer. Most of his engineering is innovative and he makes it work. It's his business and social activities you should keep an eye on. Boeing went south when they decided they didn't need a new air frame for the 737MAX.
@observerjoe4292
@observerjoe4292 18 күн бұрын
Boeing, an engineering company, does not run by engineers but accountants and lawyers. I think that's why.
@BayuAH
@BayuAH 17 күн бұрын
8:51 - Fixed price structure? I thought cutting cost only happened in their commercial aircraft, but their space program too? Wow, just wow!
@Miklooo774
@Miklooo774 18 күн бұрын
Loved this piece 🙏🔥
@366atticus
@366atticus 17 күн бұрын
Not a fan of CNBC but this was great reporting and a great story!
@WyoSavage1976
@WyoSavage1976 18 күн бұрын
Thye made it to the ISS but once again had leaks.
@williamgreene4834
@williamgreene4834 18 күн бұрын
Leaks, shmeaks. :)
@patrickguinnane
@patrickguinnane 18 күн бұрын
Too many managers and not enough engineers...I reckon
@TinLeadHammer
@TinLeadHammer 17 күн бұрын
Funny how Russia was not mentioned when talking about Atlas V.
@esmoglo
@esmoglo 17 күн бұрын
Boeing received 1.68 billion more, five years late, with legacy rocket components minus the capsule, and as of June 2024, Starliner launched and still has leaks. Boeing as a company has become extremely complacent, and they are no longer innovating, essentially as a company they’ve gotten lazy due to all the bloated government contracts limitless & guaranteed might add. Boeing needs to go back to the way they used to be no manager should manage anything unless they were an engineer.
@lanzer22
@lanzer22 17 күн бұрын
A lot of people often cannot differentiate SpaceX and Boeing as both companies are corporations that our out there to make a profit. Though I would argue that there is a distinct difference between the two. Many people like to use the lens of - it's a company therefore its out there to make money, which is obviously true, any company that doesn't make money will go bankrupt, but is "wanting to make money" the root of evil within itself? One have to break down the "why" a company wants to make more money, and whether their actions align with their mission statement. One can look into how a company spends its profit to get a clear picture. SpaceX spend their money on research and development, to the point of receiving criticism of being a money pit, while Boeing spend their money on R&D too, but majority of it was spent on stock buybacks. Obviously there are countless other metrics, such as the company culture, pace of innovation, product development timeline, quality or safety of products, and the list goes on. Though most can already paint a larger picture with just those few aspects mentioned.
@shmookins
@shmookins 17 күн бұрын
Commenting out of ignorance from the sidelines; it seems to me that wanting 'open' contracts (where the manufacturer could charge more in the future) as opposed to not wanting 'hard cut' contracts (where you can't charge more in the future) is fishy. If a contractor told me they won't sign a deal unless they can charge me more later, I wouldn't want that deal. So good for NASA that they are now seemingly going for clearly defined budgets with no added cost later for their contracts. I hope all other government branches do the same with their deals.
@raybod1775
@raybod1775 16 күн бұрын
Complain to your representatives in Congress and President about cost plus contracts. We can’t sit on the sidelines while our tax money gets wasted.
@oldie-se
@oldie-se 15 күн бұрын
If there's one thing I've learnt about a healthy money mindset, it's this. Money cannot and must not be the goal.
@nothingtoseehere896
@nothingtoseehere896 18 күн бұрын
When I was lead tech on the SM, most techs I had literally had no experience including 1 that was completely deaf, so I had to spend a lot of time just trying to communicate and train the guy. I couldn't get ppl off my team even after they damaged parts. I have never seen a more incompetent management team in my career.
@AM-tu1rc
@AM-tu1rc 18 күн бұрын
People with disabilities deserve reasonable accommodations. Implying that hiring a deaf person is a poor management decision isn't a great thing to say.
@stellablaze7979
@stellablaze7979 18 күн бұрын
​@@AM-tu1rc I took what they said as it's a bad decision to hire people with disabilities when they also don't provide reasonable accommodations. Not that hiring them period is bad.
@YeahThatsTough
@YeahThatsTough 17 күн бұрын
@@AM-tu1rcREASONABLE
@CompatibilityMadness
@CompatibilityMadness 13 күн бұрын
@@AM-tu1rc Some companies may hire people with disabilities for tax reductions they provide, but this is not US only thing.
@TheManbeastmike
@TheManbeastmike 17 күн бұрын
All the good boeing workers went to spaceX that's the real reason lmao
@xcel5203
@xcel5203 16 күн бұрын
With his experience making SpaceX rockets Elon Musk should seriously consider making commercial aircrafts in the light of Boeing's problems . Atleast we will be able to maintain a working duopoly if not a tripoly with the Chinese entering the race .
@waywardgeologist2520
@waywardgeologist2520 14 күн бұрын
They could but what is the ultimate goal?
@teashea1
@teashea1 17 күн бұрын
well done
@zalronwow7222
@zalronwow7222 18 күн бұрын
Which part of the rocket fell off?
@cobracommander.1958
@cobracommander.1958 18 күн бұрын
The part with huge hairy ballssss😂😂😂😂
@zalronwow7222
@zalronwow7222 18 күн бұрын
@@cobracommander.1958 Know what NASA meant in 1986? Need Another Seven Astronauts.
@King-vo7vm
@King-vo7vm 18 күн бұрын
Whistle blower fell of 😂
@guspaz
@guspaz 18 күн бұрын
The front fell off. And by front I mean the part of the thrusters that works.
@RollieHudson1
@RollieHudson1 17 күн бұрын
Reporting Lite. Don’t ask why. Don’t delve into the Boeing corporate C-Suite Finance-bros outsourcing Boeing’s production line. Don’t question the military-industrial complex. Just keep it light. Don’t upset the subject of the story. Reporting Lite.
@raybod1775
@raybod1775 16 күн бұрын
That’s why most of us read comments, to get the truth.
@dwmcever
@dwmcever 17 күн бұрын
Boeing moved it's headquarters to Chicago and left all it's best Executives and Engineers in Seattle with huge Golden Parachutes.
@isaacstevens1912
@isaacstevens1912 17 күн бұрын
"Rest assured, we have not signed any new fixed price contracts nor plan to." As someone who cares about the safety of astronauts and the timely development of space technology, I AM resting assured that Boeing is steering clear of NASA contracts.
@DisasterxUs
@DisasterxUs 16 күн бұрын
because they are used to only being held to their own standard, while still being given a blank check
@danstiurca7963
@danstiurca7963 18 күн бұрын
Cost+ contracts pay companies to fail and drag out projects. Boeing got much more money than SpaceX, and delivered much less, much later. Where did they earn that + they wanted?
@matthiasbecker5064
@matthiasbecker5064 18 күн бұрын
If possible, I would not fly with a Boeing product these days. Be it Space or Aircraft. I just do not trust them anymore... sadly.
@kiramatveeva2809
@kiramatveeva2809 15 күн бұрын
FINALLY, a strategy that works for me!! You explain everything, you don't leave anything out. My demo account is going up and soon I will be confident enough to move on to the real.
@user-eu1ll6kg5m
@user-eu1ll6kg5m 18 күн бұрын
In general, the space industry is expected to grow over the next hundred years. However, it appears that Boeing’s efforts are insufficient. Their rocket designs seem outdated, and their safety measures are highly questionable.
@el9delcielo
@el9delcielo 18 күн бұрын
In light of recent events, hearing Boeing and Space in the same sentence, makes me worrisome!
@jamescarter8311
@jamescarter8311 15 күн бұрын
To be fair to Boeing. Their aircraft are fine. The issues are at the maintenance level which is usually airlines, and there's a ton of media hype.
@el9delcielo
@el9delcielo 15 күн бұрын
@@jamescarter8311 Right! Go tell that to the people who died because of MCAS!
@c7042
@c7042 17 күн бұрын
Starliner, the Ford Edsel of space capsules.
@odysliu9102
@odysliu9102 17 күн бұрын
Engineer hands on, Manager mouth on.
@You_are_Right_
@You_are_Right_ 18 күн бұрын
We don’t like to sign contracts that hold our feet to the fire. We want a high cost so we make more. - Boeing Thanks taxpayers
@qwerty112311
@qwerty112311 18 күн бұрын
Damn near any company given the option of cost plus or fixed bid will take cost plus, assuming the “plus” is in line with their general profit margins. It’s risk free return, compared to the absolute slaughter that has been inflicted by the fixed price starliner and AF1 contracts.
@You_are_Right_
@You_are_Right_ 18 күн бұрын
@@qwerty112311 yup. Cost plus only benefits the contractor.
@pavelvalenta2426
@pavelvalenta2426 17 күн бұрын
Yeah cost plus is no more reasonable way to go, when companyes like spaceX can make it for fixed prize. Its the worse, least motivating posibility. Longer you make it more money you get. It directly motivates company to have delays and overprized everythink becouse, why not. You get paid for everythink, you get more money for longer time.
@StillAliveAndKicking_
@StillAliveAndKicking_ 17 күн бұрын
Over 30 years I worked for numerous engineering companies. Some screwed up, which was always due to management failures. In general it was inability to manage teams or an inability to manage projects. Often management regarded engineers as the problem, and they knew better, pushing the engineers to produce more, and more rapidly than they said they could. Inevitably corners were cut, processes not followed, short term gain meant long term problems. Software might be a mess, full of bugs and unmaintainable. The best companies I worked in were led by engineers. The worst were led by accountants, management specialists with MBAs, or, and these were the worst, marketing wonks.
@user-ch2fm6kr6j
@user-ch2fm6kr6j 15 күн бұрын
The size also shrunk from large capsule to two person size cabin.
@ronaryel6445
@ronaryel6445 18 күн бұрын
Boeing's space arm is the former Hughes Aircraft Company's Space and Communications Group, headquartered in El Segundo, California, just across the street from the southern runways at Los Angeles International Airport.
@JPPSrules
@JPPSrules 15 күн бұрын
That’s not accurate. That’s their satellites division. Space Arm for launches is in Houston
@ralphwagenet852
@ralphwagenet852 18 күн бұрын
If Boeing doesn't like fixed price contracts, they may just find themselves on the sidelines.
@welles28
@welles28 18 күн бұрын
You may very well be right, but that proceeds from the assumption that space is or will be a profitable business in the near term. There doesn't seem to be much support for that case.
@ralphwagenet852
@ralphwagenet852 17 күн бұрын
@@welles28 SpaceX is profitable.
@raybod1775
@raybod1775 16 күн бұрын
@@welles28 Boeing signs deals for fixed cost airplanes or no private company would buy them.
@karrr1573
@karrr1573 10 күн бұрын
"737 anxiety is turning us all into amateur aeronautics experts" is mentioned at the beginning of the video. The comment section reinforces this.
@TheScotthutch
@TheScotthutch 13 күн бұрын
You mean they sent live astronauts up there on a Boeing? Holy crap!
@TeW33zy
@TeW33zy 17 күн бұрын
All Companies in the U.S. needs to increase there TCQ Total Cost of Quality for Preventative and Appraisal Cost by 15%. This will help the company slot
@jamescarter8311
@jamescarter8311 15 күн бұрын
I don't think money is the issue. The quality of employee has declined enormously in the last decade. People just don't care about their quality of work nor safety in most jobs.
@AkshayKumar-vg2pi
@AkshayKumar-vg2pi 15 күн бұрын
this being rocket will blow up
@johnelwoodclarke5366
@johnelwoodclarke5366 18 күн бұрын
Boeing lost it's edge when it changed from a tech company into a for profit company, and layed off or sold the good engineers.
@gogo-goboy
@gogo-goboy Күн бұрын
our love cant back
@odysseusrex5908
@odysseusrex5908 9 күн бұрын
No mention of the merger with Mac Dac and the radical change in management philosophy which followed, which most industry insiders seem to feel is the root of Boeing's problems. Instead of engineers managing their projects, it's now accountants and finance guys.
@smallfgb
@smallfgb 16 күн бұрын
Cost plus contracts fleece the tax payer and result in delays/failures that companies like Boeing profit from. I hope our legislators see this and stop these open contracts in military too where tax payer losses are huge from contractors failures. We need more companies like SpaceX willing to deliver at a price at the company’s risk. It will make our military more capable
@raybod1775
@raybod1775 16 күн бұрын
Contact your legislators in Congress and President, too many of us are passive. Things will only change if politicians get enough complaints.
@dhavalchheda1626
@dhavalchheda1626 17 күн бұрын
Seems like Boeing's management has learned nothing from the past. They seemed to be blaming projects which brings in cash, technical expertise and transferable skills rather their own mismanagement.
@danielpaulson8838
@danielpaulson8838 18 күн бұрын
Boeing isn’t as concerned with product quality as profit.
@Steveburni2
@Steveburni2 14 күн бұрын
Results shout for practical progress, old methods too expensive and its history The future of space must be efficient
@oliviao2238
@oliviao2238 18 күн бұрын
This situation seems to mirror the current societal state; widespread issues plague railroads and shipping containers, yet there appears to be a lack of concern or a sense of waiting for inevitable consequences. Boeing faces challenges that, erroneously, they expect the public to resolve.
@JonathanSterlingUSA
@JonathanSterlingUSA 12 күн бұрын
Does that mean Russia won't be taking our astronauts to the space station anymore, after 15 years?
@speedy0
@speedy0 17 күн бұрын
Rather than competing with other companies, Boeing is mis-using its relationship with the US government to squeeze more money from the existing space contract. SpaceX was able to deliver its contract to US government at a cheaper price more than a year earlier. Boeing needs to re-invent itself or else these contracts need to go to other more successful, modern space companies.
@mbaktari8194
@mbaktari8194 17 күн бұрын
Question, why can we IMPROVE and MODERNISE space shuttle program ???
@Catofsteel
@Catofsteel 16 күн бұрын
If your design and production process is efficient and competent, what’s the problem with fixed price contracts? SpaceX is doing it. So, Boeing, are you saying that you can’t do what a “rookie” does?
@dusanrenat5567
@dusanrenat5567 5 күн бұрын
For decades, Boeing didn't face any external pressure to innovate or be as good as possible. And then the internal pressure disappeared as well when the company was no longer lead by engineers.
@Universe.Singer
@Universe.Singer 15 күн бұрын
No surprise Boeing is becoming an indianized company.
@RayLabs
@RayLabs 18 күн бұрын
This project needs to be canceled. We have a viable and reliable space delivery vehicle and don't need to waste more money on this. STOP WASTING MY TAX DOLLARS
@SerpkoBakotiinii
@SerpkoBakotiinii 18 күн бұрын
US Government spend huge amount of money for Ukraine corrupted government every month. So spending on Starliner is not that bad! At least it has some value.
@ericp4573
@ericp4573 18 күн бұрын
Thank lobbiest and corruption
@guardianoffire8814
@guardianoffire8814 18 күн бұрын
NASA is a luxury. The United States of America is in massive debt. With the international order changing to multi-polar; world and the USD currency is slowly losing its status and value. Russia, China, have successfully convinced many countries to stop only use petrodollar system. Saudis Arabia, Qatar, UAE, Venezuela and many other oil rich countries choosing to trade in their own currencies. American politicians don't seem to care as each time their not in charge they talk about debt but forget about it when in power.
@GowthamNatarajanAI
@GowthamNatarajanAI 18 күн бұрын
@@SerpkoBakotiinii Supporting Ukraine is in US national interest.
@Robweisenhowser
@Robweisenhowser 18 күн бұрын
@@GowthamNatarajanAIIt’s in no interest to anyone in this country. Our govt cares more for others than our own citizens
@mdb1239
@mdb1239 17 күн бұрын
It's ALL Elon Musk -- the greatest CEO in 100 years. Period.
@raybod1775
@raybod1775 16 күн бұрын
Maybe second or third, after CEO of Nvidia and Microsoft.
@mdb1239
@mdb1239 16 күн бұрын
@@raybod1775 Musk co-founded PayPal/X, made Tesla successful from scratch, made SpaceX successful from scratch; and was involved in the founding of OpenAI. Musk by FAR is the greatest CEO of the last 100 years.
@Will-su2xx
@Will-su2xx 17 күн бұрын
CNBC can you all do one on RocketLab?
@snuffeldjuret
@snuffeldjuret 16 күн бұрын
9:01 just give everything to SpaceX.
@MartinPHE
@MartinPHE 17 күн бұрын
This is how Challenger blew up. have yet we not learned when things don't work right don't put lives at risk.
@marsspacex6065
@marsspacex6065 17 күн бұрын
Spacex has Elon Musk leading it and Boeing has bean counters leading it.
@jamescarter8311
@jamescarter8311 15 күн бұрын
Yep, the number one reason Elon won't take SpaceX public.
@jerrylevin2536
@jerrylevin2536 17 күн бұрын
Boeing Starliner 4 years late and overbudget with design problems with thruster and helium leaks, Boeing getting preferred newscoverage from press trying to aleviate multiple problems at Boeing
@happeningkorea
@happeningkorea 17 күн бұрын
🚀🚀🚀
@KJJ782
@KJJ782 16 күн бұрын
Musk doesn’t like delays, history should tell him why NASA has delays. Example Challenger 1986 and Columbia in 2003, we don’t need to loose more astronauts
@snuffeldjuret
@snuffeldjuret 16 күн бұрын
odd comment
@chinmaygawand2553
@chinmaygawand2553 17 күн бұрын
Yeah. Once you are done with those ISS missions, Just turn them into Roomy automatic tourist space capsules for Private stations like Axiom or Whatever. Its a win-win if they hack it. Revenue from non-commercial spaceflights is going to be huge once space flight regs for tourist applications mellow down with more development of sustainable spacecrafts that provide cheaper space flights where volume will be the key not niche. Provided they don't go in the direction of their passenger planes and put profit above all else. I love boeing, I hope they clean up their act and re-start.
@russchadwell
@russchadwell 15 күн бұрын
Named for a bounce back: Boeing!
@urbanstrencan
@urbanstrencan 16 күн бұрын
Interesting story on what is happening in Boing its soo far behind Airbus, and also Chinese are coming
@williammoreno2378
@williammoreno2378 16 күн бұрын
The time fram from the selection of the Mercury 7 astronauts to Tranquility Base was 10 years and 3 months. One spaceship 10 years to 1st flight. . WTF!!
@FarhanChowdhury-ws8pw
@FarhanChowdhury-ws8pw 14 күн бұрын
@WiredLizard
@WiredLizard 17 күн бұрын
They have been taking advantage of cost plus contracts for decades, charging as much as they like. Now they are getting fixed price contracts and they don't want them, maybe they shouldn't have been taking advantage of the government then.
@yaash4123
@yaash4123 17 күн бұрын
Would be cool if NASA could control the production of their own rockets again.
@raybod1775
@raybod1775 16 күн бұрын
SpaceX does it better.
@FRACTUREDVISIONmusic
@FRACTUREDVISIONmusic 18 күн бұрын
Because Boeing is a phat, complacent, never sweat contract deadlines, never sweat going massively over budgets, never sweat their output being fraught with avoidable errors and designed with engineering choices where safety seems a secondary concern over sucking in as much taxpayer money as possible, all while overall performing like a company of technically incompetent employees who aren't worth the word processing bits their resumes are created as.
@QueenetBowie
@QueenetBowie 18 күн бұрын
Like a lot of formerly brilliant and ground breaking companies, they got lazy and entitled and started resting on their laurels…. They thought the companies accomplishments from decades ago would keep them going, but new companies came along and kicked their ass
@randolm7698
@randolm7698 17 күн бұрын
"We're not going to sign any more contracts unless the US taxpayer is on the hook for our failures!!!" LOL
@marleyplumb4562
@marleyplumb4562 11 күн бұрын
Humanity, in general, is running out of escape velocity.
@ols7462
@ols7462 18 күн бұрын
HOW FINANCIAL ENGINEERING RUINED AN ENGINEERING COMPANY 101
@RidleyHolmes-sr2tw
@RidleyHolmes-sr2tw 16 күн бұрын
I'm flying on a Boeing plane next week. Just sat down with my lawyer and finished my will.
@royboyshaw3332
@royboyshaw3332 17 күн бұрын
That fixed-price contract saved taxpayers a lot of money. It is a smart way to incentivize companies to complete projects on time and within the budget.
How YouTube Beat Netflix And Disney In The Streaming Wars
13:56
Carlyle Group’s David Rubenstein: I'd give this economy a B+
8:34
CNBC Television
Рет қаралды 14 М.
We Got Expelled From Scholl After This...
00:10
Jojo Sim
Рет қаралды 67 МЛН
Универ. 10 лет спустя - ВСЕ СЕРИИ ПОДРЯД
9:04:59
Комедии 2023
Рет қаралды 2,7 МЛН
He sees meat everywhere 😄🥩
00:11
AngLova
Рет қаралды 8 МЛН
The Race to Fix Australia’s Failed Dam
9:06
The B1M
Рет қаралды 831 М.
Experimental electric flying car takes to the air for test run in northern China
1:54
South China Morning Post
Рет қаралды 1 МЛН
Why Europe and America’s dying forests could be good news
13:30
DW Planet A
Рет қаралды 772 М.
Why California’s High-Speed Rail Is Taking So Long
15:21
CNBC
Рет қаралды 1,6 МЛН
Why the UK's Economy Stopped Working
7:13
Bloomberg Originals
Рет қаралды 435 М.
The Plan to Secure Taiwan’s AI Chips Amid Fears of a Chinese Invasion | WSJ
7:16
The Wall Street Journal
Рет қаралды 462 М.
We Got Expelled From Scholl After This...
00:10
Jojo Sim
Рет қаралды 67 МЛН