Chaos Continues at Boeing
Summary
Last November, the FAA finally lifted the grounding order for Boeings (NYSE:BA) 737 MAX after 20 months. The FAA recently slowed the certification process, as Boeing has not fully addressed problems uncovered in early flight tests last December. Another setback for the space program Unfortunately, Boeings commercial jet business isnt the only part of the company struggling with major execution problems. Earlier this month, Boeing had to cancel its planned Starliner uncrewed test flight to the International Space Station, after 13 valves in the propulsion system failed to open on command. The widespread execution problems across Boeings business -- ranging from 787 production to the 777X development process to the Starliner -- make the company an even less attractive investment prospect.