The Boeing Company (BA) Sees Need On Educating Public On Space Exploration Programs

The Boeing Company (NYSE:BA) is going through a rough ride in the context with its old tie-up with NASA, amid the contracting funding and less focus on space exploration programs. During an interview with CNBC, John Elbon, who is Vice President and General Manager for Space Exploration in The Boeing Company (NYSE:BA), opened up about the shrinking budgets earmarked towards space exploration industry; while he stressed on the importance of creating awareness that the benefits of investing in space programs are immense and result oriented.

The Boeing Company (NYSE:BA)

Elbon stressed that the current allocation of budget to NASA space programs is 0.4% of the total national spent, which is relatively a very small allocation when compared to the benefits that it being delivered. He said that that the returns on space programs delivers incredible results, helping to bring change in how people live on earth. Moreover, a significant research and science that is provided by stations now, particularly related to the health segment that will highly impact the way things turnout on earth.

“There’s a job for us to do of educating the public on, first of all, the small amount that is spent, and secondly, the incredible benefits that come from that, that affect us here on Earth,” said Elbon

In order to bring a clearer picture of how station programs and research are contributing to healthcare benefits, the VP of The Boeing Company (NYSE:BA), pointed out that the recent research in protein crystal growth showed that it had a very significant potential in contributing to the cure of ‘Duchenne Muscular Dystrophy,’ which is a fatal genetic disorder. Further, the subsequent study of its impact is now being carried out in Osaka, Japan, in order to develop a cure and thus, Elbon said that if a treatment comes out then the success in this one area itself will justify and make the amount of the money spent worth.

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 44 percentage points in 21 months Learn how!

Lists

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Top 9 Most Popular Free iPhone Apps

Top 10 Least Expensive Private Business Schools in the US

Top 15 Most Expensive Countries in the World – 2014

Top Businesses to Invest In

Top 5 Things You Might Be Doing Wrong With Your Business

Top 5 Strategic Technology Trends in 2014

Top Rags to Riches Stories

Parenting Behavior That Promotes Future Leaders

Top 5 Mistakes Made by Small Businesses

Top 5 Most Common and Potentially Devastating Financial Blunders

Top 5 Highest Paying Jobs for Web Designers

Top 6 Most Respected Professions that Also Pay Well

Top 5 Pitfalls Investors Should Avoid

Top 6 Lawyers and Policy Makers Under 30

Top 6 New Year’s Resolutions for Entrepreneurs

Top 7 Locations to Check in on Facebook

Top 5 Mistakes made by Rookie eBay Sellers

Top 7 eBook Publishers in 2013

Top 6 Health Industry Trends in 2014

5 Lessons for Entrepreneurs from Seth Godin

Top 5 Success Tips from Jordan Belfort – the Wolf of Wall Street

Best Master’s in Finance Degree Programs

Top 6 Earning Celebrities Over 50

The most expensive sports to play

Top 7 Earning Celebrities Under 25

Best 7 Online Courses to Take: Free Finance MOOCs

Top 6 Bad Habits that Promote Failure

20 Most Valuable Soccer Teams in the World in 2013

12 Most Expensive Countries for Foreign Students

Top 30 Most Influential Women in the World

Top 20 Most Expensive New Year Eve Shows

Top 5 Best Vocational Careers

Top 10 Jobs for 2014 by Salary Gain (Predictions)

Top 5 Digital Trends for 2014

Top 6 Things You Can Do To Increase Your Productivity

Top 9 Trending Smartphones in 2013

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!