Boeing's stock is gaining momentum, supported by robust demand, progress in production ramp-up, and resumed deliveries to China. April orders were modest but not concerning, with year-to-date order inflow and backlog strength indicating a healthy business outlook. Deliveries remain strong, consistently above 40 units monthly, signaling improved operational stability and paving the way for future production increases.
Boeing expects to stabilize 737 MAX production at 38 airplanes a month over the next couple of months, its Commercial Airplanes Vice President of Quality Doug Ackerman told reporters on Tuesday. The U.S. Federal Aviation Administration capped output at 38 airplanes a month after a mid-air panel blowout in a nearly new 737 in January 2024.
Aerospace & Defense Industry | Industrials Sector | Mr. Robert K. Ortberg CEO | NYSE Exchange | 097023105 Cusip |
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: