Virgin Group Ltd. founder Richard Branson speaks in an interview following Virgin Galactic Holdings Inc.’s initial public offering (IPO) on the New York Stock Exchange (NYSE) on Monday, October 10 28, 2019.
Michael Nagel | Bloomberg | Getty Images
Boeing and Virgin Galactic have settled a lawsuit stemming from Boeing’s work on the Virgin Galactic space tourism “mothership,” according to documents filed Thursday in Virginia federal court.
A docket in the U.S. District Court for the Eastern District of Virginia said the case was resolved following a settlement conference held earlier in the day.
Brett Williamson, an attorney for Virgin Galactic and Boeing, said in an email that the lawsuit was “satisfactorily resolved by mutual agreement.”
The companies did not provide further information about the settlement.
Virgin Galactic’s mothership Jet Carrier launches tourist ships into suborbital space. The company completed its first commercial flight last year.
Virgin Atlantic signed a contract with Boeing Aurora Flight Sciences in 2022 to help design a new carrier. Boeing later said the carrier would cost more than expected and take longer to develop than expected.
boeing company Sued Virgin in Marchaccusing it of stealing trade secrets and refusing to pay Boeing $25 million owed for work. The lawsuit alleges that Virgin obtained proprietary information from Boeing, including test data and mathematical equations.
virgin Countersuit in California In April, it was claimed that Boeing had performed “shoddy and incomplete work” on the plane. Virgin said it was entitled to monetary compensation for at least “the difference between the $45.6 million paid by Virgin Galactic to Boeing and the actual lower value of Boeing’s performance.”
virgin California lawsuit dismissed in June and said it would file the claim in the Virginia case.
A jury trial in the Virginia case is scheduled to begin in December.
The case is Boeing Co. and Aurora Flight Sciences Inc. v. Virgin Galactic LLC, U.S. District Court for the Eastern District of Virginia, No. 1:24-cv-00456.