NASA to Taxpayers: The Boeing/Lockheed Space Launch System Is "Unaffordable"
No doubt about it: NASA's Space Launch System (SLS) is an impressive sight.
Standing 322 feet tall, the (NYSE: BA)-built SLS stretches twice the length of the space shuttle and is taller than a football field ripped from the Earth and tipped vertical. Powered by a massive L3Harris (NYSE: LHX) engine core and two solid rocket boosters from Northrop Grumman (NYSE: NOC), SLS puts out 12% more take-off thrust than the Saturn V rocket that first sent men to the moon.
Yet for at least the past half-decade, industry insiders, and even members of Congress, have wondered if the SLS is truly worth it -- "it" being the high and ever-rising cost of SLS, which may necessitate canceling SLS production and switching to a cheaper rocket for Project Artemis, NASA's multidecade program to send humans back to the moon.
Source Fool.com
Boeing Co. Stock
Currently there is a rather positive sentiment for Boeing Co. with 35 Buy predictions and 5 Sell predictions.
With a target price of 225 € there is a positive potential of 27.36% for Boeing Co. compared to the current price of 176.66 €.
