Three firms share $1.1 billion of NASA space taxi work

PASADENA, CALIFORNIA, Aug 4:

NASA will pay more than $1 billion over the next 21 months to three companies to develop commercial spaceships capable of flying astronauts to the International Space Station, the agency said Friday. The lion’s share of the $1.1 billion allotted for the next phase of NASA’s so-called FA”Commercial Crew” program will be split between Boeing <BA.N> and Space Exploration Technologies, a privately held firm run by Internet entrepreneur Elon Musk. (agencies)