Boeing Co. (BA: Quote) said it has received notification that NASA will invest $460 million for further development of the Boeing Commercial Crew Transportation System in the third round of the Commercial Crew Program: Commercial Crew Integrated Capability or CCiCap.
Boeing noted that it will complete development milestones to further mature the integrated system - including the CST-100 spacecraft, launch services and ground systems - to prepare for certification and operations.
The CCiCap award addresses development milestones to be completed in a 21-month base period, with the potential for additional milestones in a subsequent options period.
Under CCDev and CCDev-2, Boeing has successfully completed tests on engines, abort systems, propulsion, heat shield jettison, attitude control systems and landing to provide full data on functional elements of the spacecraft's design.
Boeing stated that it is preparing for its initial test flight with a United Launch Alliance Atlas V launch vehicle as early as 2016.
Click here to receive FREE breaking news email alerts for Boeing Co. and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.com
Business News