The news struck defense stock investors like a missile from a clear blue sky:
A U.S. judge on Friday said he will hold an Aug. 28 hearing on a request by the Justice Department and Boeing to approve an agreement that allows the planemaker to avoid prosecution.
BA signs a deal with Gulf Air to supply up to 18 787 Dreamliners, boosting its commercial business backlog and global fleet momentum.
Most (if not all) of the market is now riding on the narrative that the Federal Reserve will implement up to three rate cuts before 2025 is over. Investors all around are betting that the past will repeat itself in these rate cuts, sending stocks higher.
After years of challenges, Boeing appears to be on a steady upward course. During the first half of 2025 the company announced it had delivered 280 aircraft compared to 175 in the same period of 2024 representing a 60% increase in production.
A report released by India's Aircraft Accident Investigation Bureau pointed to fuel switches that flipped off during takeoff, depriving engines of power.
Fuel to the engines was shut off shortly after takeoff, causing Air India Flight 171 to crash, killing 241 of 242 on board and 19 people on the ground.
The U.S. Federal Aviation Administration and Boeing have privately issued notifications that the fuel switch locks on Boeing planes are safe, with the FAA saying they are safe, a document seen by Reuters showed and four sources with knowledge of the matter said.
Boeing reached a settlement with a Canadian man whose family died in the March 2019 crash of an Ethiopian Airlines Boeing 737 MAX, the man's lawyer said on Friday.
Details of a preliminary accident report has been submitted to officials, according to the Times of India. It could be released on Friday.
The Investment Committee give you their top stocks to watch for the second half.
Boeing NYSE: BA has been one of the most maligned titans of industry in the United States over the past several years. As of the July 8 close, the stock's five-year total return was only 22%.