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Huh? What kinda question is that?
I know right? Of course it's sold at a loss, that's why NASA is paying Boeing to do the research.
Can't have Boeing waste money on R&D, that would hurt their shareholders.
How would you know? It hasn't been sold yet.
If NASA was a profitable enterprise, it wouldn't require external funding, and Lockheed and co would be doing that research themselves to keep that profit for themselves.
NASA isn't like CNSA or Roscosmos in that they don't make their own rockets. It exists first and foremost to funnel money to aerospace contractors by either directly contracting with them or providing R&D in cases where cost/risk is greater than expected profit.
A similar relationship exists with publicly funded universities selling patents to pharma.
The fact that it's not profitable overall doesn't mean there can never be any profit from anything.
Just because a river flows south doesn't mean you couldn't find an eddy in the currents that flows north for a few seconds.
But the water still has nowhere to flow but south. If the cost was less than expected return, these companies would do this research internally. Even if for just one moment, one tiny aspect of the program did make a profit, it wouldn't change the nature of the system.
But we're not talking about the nature of the system here, we're talking about this specific instance.
And I don't agree they'd necessarily do it internally, sometimes talent is the biggest blocker, not money. They can contract out a team of highly qualified engineers from NASA for a project here and there, when they need it. Hiring people is extremely expensive and having those people do nothing between projects is even more so.
If I buy a million lotto tickets that have a 50% payout, it would be incomplete if not deceptive to point at one ticket and say "Well you might win 100 bucks, we don't really know" instead of "the reason they're selling you those tickets is because the risk and expense is greater than the payout."
That's still an example of NASA eating an expense of R&D while Lockheed gets the profits.