Lawmakers grilled Boeing CEO David Calhoun about the company's safety standards during a hearing on Tuesday. Before the hearing, the Senate subcommittee released a new report with fresh allegations against Boeing.
Boeing (BA) reachead $174.99 at the closing of the latest trading day, reflecting a -1.91% change compared to its last close.
Shares of troubled airplane manufacturer Boeing (BA) fell 2% Tuesday as outgoing CEO Dave Calhoun testified before a Senate subcommittee over a number of safety issues, including new whistleblower allegations released ahead of Tuesday's hearing.
Boeing's CEO acknowledged to a US congressional panel Tuesday that the company's culture was imperfect, but insisted the aviation giant was making progress and committed to improving safety.
Boeing CEO David Calhoun turned to families of victims of Boeing crashes who were present at a Senate oversight hearing Tuesday to apologize for “all the grief that we have caused,” promising that the company is “totally committed in their memory to work on focus and safety.”
Boeing CEO Dave Calhoun will face tough questions from U.S. senators on Tuesday over the planemaker's safety culture as well claims from a new whistleblower employee.
It is the first time Calhoun has faced lawmakers' questions and puts the spotlight on Boeing's souring safety reputation and the departing CEO who is expected to leave by year's end following a management shakeup.
Boeing (BA) is set to procure sustainment parts for CH-47 aircraft.
Boeing CEO Dave Calhoun faces Senate questioning following whistleblower allegations and quality control concerns after a door plug blew out of 737 Max plane.
The outgoing chief of the embattled airplane maker is testifying in the wake of a whistleblower's allegations of safety issues. Follow live updates.
Boeing Starliner's return to Earth from the International Space Station with its first crew of astronauts has been pushed back to June 26, a NASA official said Tuesday.
Boeing allegedly hid faulty plane parts from federal regulators and then lost track of them, some of which may have been installed in new planes, according to a whistleblower complaint, the latest claims of manufacturing issues for the aerospace firm this year as its chief executive faces scrutiny over flight safety concerns.