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Reading: Boeing warns moon rocket program workers of layoffs
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StockWaves > Global Markets > Boeing warns moon rocket program workers of layoffs
Global Markets

Boeing warns moon rocket program workers of layoffs

StockWaves By StockWaves Last updated: February 8, 2025 2 Min Read
Boeing warns moon rocket program workers of layoffs
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Foremost engine nozzles are proven on the core stage of the Area Launch System rocket for Artemis II at a NASA Artemis Media occasion on the Kennedy Area Heart in Cape Canaveral, Florida, U.S., December 16, 2024. 

Steve Nesius | Reuters

Boeing warned on Saturday of layoffs in its Area Launch System moon rocket program, saying it expects to have about 400 fewer positions in step with revisions to NASA’s Artemis program and price expectations.

The Seattle-based aerospace producer stated it should situation 60-day notices of involuntary layoffs to the affected workers within the coming weeks.

“We’re working with our buyer and in search of alternatives to redeploy workers throughout our firm to attenuate job losses,” a Boeing spokesperson stated through electronic mail.

The Artemis program, which is estimated to price $93 billion by 2025, was established by the U.S. area company in the course of the first administration of President Donald Trump. It represents the flagship American effort to return astronauts to the moon for the primary time since NASA’s Apollo 17 mission.

This system, nonetheless, has had vital delays and rising prices.

Artemis 2, beforehand deliberate for late 2024 and involving a crewed flight across the moon, is now scheduled for September 2025. Artemis 3, deliberate as the primary astronaut moon touchdown underneath this system, is now deliberate for September 2026, delayed from late 2025.

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