The company is struggling to meet its end of a $4.3 billion contract with NASA.
Coming soon to Craiglist :
“FS: LEO class human spaceflight capsule. Low number of orbits. No lowballs. I know what I’ve got”
That’s bad news.
Not if they sell to a company that still knows how to support engineering. It’s certainly not a good project for a company that prioritizes shareholder profit.
If they sell their space program they can really focus on their core business - finding inventive new ways of bypassing regulations and cutting corners in order to kill airline passengers.
Private equity should not be buying American businesses but here we are.
To whom?
50% off I’d expect.