Tariffs would drive up costs of key aerospace parts, making it more expensive for Boeing and even foreign companies with U.S. factories to produce planes. The tariffs are set to hit an aerospace supply chain still in recovery from the Covid-19 pandemic.
Shares in Boeing (BA -9.60%) declined by 12.9% in the week to Friday morning. Like most of the market, the aerospace giant felt the impact of the tariffs announced by the U.S. administration.
Business is booming for American aerospace giant Boeing Co. NYSE: BA. At least, it seems that way, judging by the more than $50 billion in potential new aircraft orders and contracts it procured in the last two weeks of March 2025.
The contract was a massive win for Boeing (BA -10.63%) as it struggles to return to full production of commercial planes.
Boeing is set to procure P-8A training systems phase two software development, integration and device installation for the government of South Korea.
Boeing (BA) concluded the recent trading session at $168.56, signifying a +0.23% move from its prior day's close.
Boeing is in discussions with the U.S. Department of Justice to reach a revised plea agreement in a criminal fraud case stemming from the planemaker's alleged misrepresentations to regulators about a key system on the 737 MAX, company CEO Kelly Ortberg said on Wednesday.
Boeing Co (NYSE:BA) has seen no shortage of unpleasant headlines this past year, though the airplane manufacturer scored a contract to build the U.S. Air Force's latest fighter jet.
"I'm not pressuring the team to go fast. I'm pressuring the team to do it right," Ortberg said at a Senate Commerce Committee hearing.
Boeing CEO Kelly Ortberg will testify in a Senate hearing on Wednesday about Boeing's production quality and safety culture following a series of safety incidents.
‘Liberation Day' has arrived with President Donald Trump set to announce and implement sweeping tariffs on imported goods. Car stocks have fallen in anticipation of the day, but that doesn't mean its time to buy the dip.
One of the new effects the new Trump presidency has on the markets is the rollout of policies and investment budgets, so traders are on the edge when it comes to the defense and aerospace sectors. The main focus has been centered in this space with regard to geopolitical tensions and the choice to stop funding some overseas defense programs, particularly in Europe.