NASA may cancel Boeing's expensive SLS program, impacting revenue; potential benefits for other space companies.

From Nasdaq: 2025-02-23 07:07:00

1. NASA’s Space Launch System (SLS) program, built by Boeing, faces uncertainty despite ongoing political efforts to cancel it. With $82 billion in future NASA contracts, the program is deemed costly and possibly unnecessary, but NASA confirms SLS as essential to Project Artemis.
2. Boeing warns of potential job cuts in response to fears that the Trump administration may end SLS contracts in March. Canceling the SLS program could impact billions in revenue for Boeing and its partners in the space industry.
3. Canceling the SLS program could redirect funds towards other companies like SpaceX, Blue Origin, Intuitive Machines, and Rocket Lab, benefiting from potential opportunities in Project Artemis.
4. Investors should keep an eye on developments in the space industry as the fate of the SLS program unfolds, potentially creating new investment opportunities with companies involved in space exploration.

Read more at Nasdaq: NASA May Cancel Boeing’s Big $82 Billion Space Opportunity