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 is confident a fix has been found for long-running troubles with a key system on Boeing's KC-46 aerial refueling tanker, Air Force Secretary Troy Meink told a Senate subcommittee on Tuesday.
Boeing said on Tuesday that it delivered 60 jets in May, a 33% increase over the same period last year, though fewer than the 81 delivered by European rival Airbus.
Lockheed Martin and Boeing have not participated in the recent space stock rally despite their space exposure. ULA's lack of cost innovation and limited market fit diminish its competitiveness versus SpaceX, limiting BA and LMT's rerating potential. Space segments represent a minority of revenues and profits for both LMT and BA, reducing their sensitivity to space sector momentum.
Investors need to be ready for the final report about the fatal crash of Air India 171.
Boeing will begin building new 737 Max airplanes on July 6 at a final assembly line it's opening north of Seattle. The new 737 Max final assembly line in Everett, Washington, will serve as a catalyst for increasing Max production to 52 jets per month.
The German Federal Bureau of Aircraft Accident Investigation (BFU) has begun an investigation into the Boeing 787 jetliner whose nose gear collapsed on Thursday at a gate at Frankfurt airport, according to a BFU spokesperson.
Boeing is exploring raising production of its bestselling 737 jet beyond its publicly stated target of 63 aircraft per month, the Air Current reported on Thursday.
Boeing boosts aircraft deliveries and production, supported by strong order demand and a commercial backlog worth nearly $576 billion.
Boeing shares beat the industry over six months as strong aircraft orders, defense backlog growth and services demand support its long-term outlook.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Boeing (BA) demonstrated strong order momentum in April, booking 136 orders valued at $16 billion, with significant wide-body demand. Year-to-date, BA achieved a 34% increase in net orders and a 9% rise in deliveries, signaling robust market confidence. April deliveries showed stability but lacked sequential catch-up, highlighting the importance of executing planned production rate increases.