Zacks.com users have recently been watching Boeing (BA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
The U.S. Air Force said on Tuesday it was acquiring two Boeing 747-8 jumbo jets for $400 million to establish a training and sustainment program for its future presidential airlift fleet.
Boeing demonstrated robust November order inflow, led by strong 777X and 787 wide-body demand, with 164 gross orders and 126 net orders valued at $17 billion. BA's deliveries declined sequentially as 737 MAX inventory was depleted, but year-to-date deliveries and order backlog remain substantially above prior-year levels. The completed Spirit AeroSystems acquisition enhances BA's control over 737 MAX quality and supply chain, supporting sustainable production increases and future cash flow improvement.
| Aerospace & Defense Industry | Industrials Sector | Robert K. Ortberg CEO | XETRA 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: