A new connection between Virgin Galactic (SPCE) and Boeing (BA) might prove helpful going forward, and it has already given Virgin a boost today. Shares are currently up 12%. Virgin Galactic established a deal with beleaguered aircraft maker Boeing to produce motherships. More specifically, Boeing's subsidiary Aurora Flight Sciences will build a set of carrier planes known as motherships. The motherships in question will take Virgin Galactic spacecraft up into the atmosphere and allow them to launch from much farther up, requiring less fuel and improving reusability. The parts will be prepared for assembly by 2025, reports note.
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Virgin Galactic (NYSE:SPCE)
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