President Donald Trump announces Boeing has been awarded a contract to design and build the US's next-generation fighter jet. The new fighter is expected to enter service in the 2030s if everything goes according to plan.
The deal is a boost for the jet maker's money-losing defense business.
U.S. President Donald Trump on Friday awarded Boeing the contract to build the U.S. Air Force's most sophisticated fighter jet, known as Next Generation Air Dominance, two sources familiar with the situation said.
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?
Korean Air will soon finalise a $32.7 billion deal for new Boeing aircraft and GE Aerospace engines, South Korea's industry ministry said during a visit to the United States to strengthen bilateral relations.
President Trump on Friday could award a next-generation fighter jet contract worth $20 billion. Lockheed Martin, Boeing lead contractors.
Boeing (BA 0.11%) is diligently working to turn around the massive losses in cash flow from operations.
Malaysia Aviation Group, the parent company of Malaysia Airlines, said on Friday it will purchase 30 new Boeing 737 aircraft for 2030 delivery.
Boeing (BA) concluded the recent trading session at $172.83, signifying a +0.12% move from its prior day's close.
BA receives an order to deliver 17 of its 737-8 commercial aircraft from Japan Airlines.
Boeing Chief Financial Officer Brian West said on Wednesday the company is concerned about President Donald Trump's tariffs potentially constraining the availability of parts from its suppliers, although he said the U.S. planemaker has enough inventory for now.
Air India is exploring a fresh multi-billion dollar order for dozens of widebody jets from Boeing and Airbus , industry sources said, furthering the former state carrier's transformation under new owner Tata Group.