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Boeing Partners with NASA to Develop Critical Technologies

Boeing [NYSE: BA] has been selected by NASA to develop “critical technologies and capabilities” for the space agency’s Commercial Crew Development (CCDev) initiative, offering an opportunity “for the aerospace industry to develop concepts for future crewed space missions.”

The Space Act Agreement for the CCDev project is funded and valued at $18 million.

“We appreciate this opportunity to advance our crew system design, ” said Keith Reiley, Boeing CCDev program manager. “This agreement complements our internal efforts to accelerate development of system concepts and capabilities that will ultimately lead to a safe, reliable and cost-effective way to transport humans to low Earth orbit.”

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