Boeing and General Dynamics gain as major U.S. defense contractors that develop and supply advanced technologies globally.
The U.S. Air Force awarded Boeing a $2.47 billion contract for 15 additional KC-46A Pegasus aerial refueling tankers, the company announced on Tuesday in a release.
Boeing (BA) is showing signs of a turnaround, with improved jetliner deliveries and positive free cash flow for the first time since 2023. BA's Q3 saw 160 commercial aircraft deliveries, strong revenue growth, and progress in defense and global services, despite negative GAAP earnings and margin weakness. The easing of 737 Max production restrictions and potential for margin recovery position BA for multiple expansion if delivery rates and free cash flow continue improving.
The space vehicle will launch again, without astronauts, in April on a cargo mission to the International Space Station.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Boeing delivered a steady performance in October, with 53 airplanes delivered and consistent monthly delivery volumes since June. Order inflow slowed before the Dubai Airshow, but year-to-date net orders surged to 782 units, reflecting renewed airline confidence in BA. Production rates for the 737 MAX are set to increase by year-end, supporting a healthy transition from inventory burn-off to sustainable output.
Deferred Prosecution Agreements have been viewed for many years as a relatively manageable way for companies to wrap up federal criminal investigations. That may still be true, but any sense of certainty and dependability should have ended with the experience of Boeing Corporation.
Boeing (BA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Emirates announced this week it had placed a $38 billion order with Boeing. The airline's president, Tim Clark, told CNBC at the Dubai Airshow it was "holding Boeing's feet to the fire" to deliver the 777-9 jets on time.
Gulf Air signed an agreement with Boeing to purchase from 12 to 15 Boeing 787 Dreamliner aircraft at the Dubai Airshow, a statement by the company said on Tuesday.
Shares of Boeing Co. bounced off a six-month low in early Monday trading, after the aerospace giant announced a large new order for its 777 jumbo jet from Dubai-based Emirates Airline, which is the largest customer for that model plane.
Boeing aims to stabilise aircraft production at current levels before advancing to the next industrial milestones as it implements safety and quality improvements, its top jetmaking executive said on Sunday.