[chrispauley]

'Charge' here is a confusing term. The way I take it they have set aside this money in case they need to do another test. The title makes it seem as if they have charged (or are preparing to charge) Nasa for this amount. That wouldn't be too surprising given Boeing's history, but does not appear to be the case here (yet).

Directly from the financial report from Boeing:

> Fourth-quarter operating margin decreased to 0.5 percent due to a $410 million pre-tax Commercial Crew charge primarily to provision for an additional uncrewed mission for the Commercial Crew program, performance and mix. NASA is evaluating the data received during the December 2019 mission to determine if another uncrewed mission is required.

https://boeing.mediaroom.com/2020-01-29-Boeing-Reports-Fourt...

[jdsully]

This is standard jargon for investors. The charge is to the company and a hit directly to their earnings.

Similar wording can also be used with respect to debt that will never be collected.

https://en.wikipedia.org/wiki/Charge-off

[chrispauley]

Thanks for info on the jargon. I assumed it was, however I also assume there are many like me initially confused by the term without knowledge of how that term is used in that space.