The lawsuit underscores the potential legal liability facing the industry as it grapples with a surge in fume events in recent years.
Boeing is at a cyclical bottom, with negative equity and losses, but a major turnaround is likely as production and demand recover. Global air travel demand has fully rebounded, yet BA and Airbus revenues remain far below 2018 levels, indicating massive pent-up aircraft demand. Regulatory restrictions on the 737 MAX are lifting, 787 Dreamliner issues are resolved, and the 777X certification could unlock significant revenue upside by 2026.
The Department of Homeland Security plans to spend close to $140 million to buy a fleet of Boeing 737s to use for deportations, The Washington Post reported on Wednesday, citing two officials familiar with the contract and records it had reviewed.
| Aerospace & Defense Industry | Industrials Sector | Robert K. Ortberg CEO | BVL Exchange | US0970231058 ISIN |
| US Country | 172,000 Employees | 6 Mar 2020 Last Dividend | 9 Jun 1997 Last Split | - IPO Date |
The Boeing Company, a paramount entity in the aerospace and defense sector, operates globally, engaging in the design, development, manufacturing, sale, service, and support of commercial jetliners, military aircraft, satellites, missile defense systems, human space flight, and launch systems. Encompassing a broad spectrum of operations through its Commercial Airplanes; Defense, Space & Security; and Global Services segments, Boeing has cemented its position as a leader in the industry. Founded in 1916, and with its headquarters in Arlington, Virginia, the company showcases a rich history of innovation and expertise in aviation and space exploration.
Boeing's expansive portfolio is structured into several key segments, each focused on addressing distinct markets and customer requirements: