BA receives an order to deliver 50 of its 737-8 commercial aircraft to BOC Aviation.
Boeing on Tuesday denied a media report of fluctuations in 737 MAX production, saying that output had not reached 38 per month so far this year and nor had production recently fallen.
Boeing Co. BA expanded its order pipeline after bagging five major deals over the last 10 days. While its short and medium-term price trend remains strong, here's more on the company's technical analysis.
Boeing Co (NYSE:BA, ETR:BCO) has slowed production of its 737 MAX aircraft to around 31 jets per month, down from 38, due to delays linked to installing wing systems, according to aviation site The Air Current. The plant, in Washington State, had briefly hit its target of 38 in February, but a spike in unfinished work caused the company to scale back output.
Boeing slowed the production of 737 MAX airplanes to 31 per month from 38 over wing production delays, the Air Current website reported on Tuesday, citing people familiar with the progress of the planemaker's Renton, Washington factory.
After nine months in space, NASA astronauts Butch Wilmore and Suni Williams are readjusting to Earth life with dog walks and family time, while resuming work with Boeing to test the capsule that stranded them on the International Space Station.
BA is set to provide for the repair of the landing edge flap antenna used on the F/A-18 aircraft.
Boeing (BA -2.13%) is quietly having a good run. It's up 11.9% over the last six months, outperforming the 2.2% decline in the S&P 500 (^GSPC -1.15%) index in the process.
Asset sales and new orders typically would push up Boeing shares, but the stock market had other ideas Monday.
Well, this was certainly unexpected.
Investors interested in BA stock should wait for a better entry point, considering its poor ROIC and downward revision in earnings estimates.
Several private equity firms and at least one aerospace supplier are among the remaining bidders competing to buy Boeing's Jeppesen navigation unit for more than $8 billion, according to people familiar with the matter.