Boeing (NYSE: BA) announced plans to cut around 400 jobs in its Space Launch System (SLS) moon rocket program, citing adjustments to NASA’s Artemis program and cost expectations. The aerospace giant will issue 60-day layoff notices in the coming weeks.
A Boeing spokesperson stated the company is working with NASA to mitigate job losses by redeploying affected employees to other roles within the company. The layoffs align with NASA’s shifting priorities and budget constraints for Artemis, a program designed to return astronauts to the moon for the first time since Apollo 17.
Artemis, originally launched under the Trump administration, is projected to cost $93 billion through 2025. However, the program has faced repeated delays and rising expenses. Artemis 2, a planned crewed lunar flyby, has been pushed to September 2025 from its original late-2024 target. Artemis 3, expected to mark the first astronaut moon landing under the program, has also been delayed to September 2026 from late 2025.
Boeing plays a critical role in NASA’s lunar ambitions, serving as the primary contractor for the SLS, which is essential for deep space missions. However, budget constraints and technical challenges have contributed to ongoing setbacks.
The job cuts reflect broader struggles within the aerospace industry as companies navigate shifting government priorities and economic pressures. Boeing, already grappling with production issues in its commercial aircraft division, continues to face challenges in its space and defense sectors.
With NASA recalibrating its Artemis roadmap, Boeing and other aerospace firms may need to adjust their strategies to align with evolving mission goals and budgetary realities.


Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand
Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis
UPS and Teamsters Reach Agreement to Limit Driver Severance Program
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman
Pershing Square Bids €30.40 Per Share to Acquire Universal Music Group in $9.4B Deal
SpaceX Eyes Historic IPO at $1.75 Trillion Valuation
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute
Ford Issues Major Recall on Over 422,000 Vehicles Due to Windshield Wiper Defect
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements
First Western Ship Transits Strait of Hormuz Since Iran War Began
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 



