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     NASA and Boeing Sign Space Launch System Contract

    Space LaunchBoeing [NYSE: BA] has finalized a contract with NASA to develop the core stage of the Space Launch System (SLS), the most powerful rocket ever built and destined to propel America's return to human exploration of deep space.

    The $2.8 billion contract validates Boeing's earlier selection as the prime contractor on the SLS core stage, including the avionics, under an undefinitized contract authorization. In addition, Boeing has been tasked to study the SLS Exploration Upper Stage, which will further expand mission range and payload capabilities.

    The agreement comes as NASA and the Boeing team complete the Critical Design Review (CDR) on the core stage - the last major review before full production begins.

    Note: Press Release - Source: Boeing: Posted July 2, 2014 3:10 PM
    For Spaceref article click here.



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