Boeing's Air Force One program is more than $2 billion over budget and the aircraft have been delayed. President Donald Trump struck a deal for the replacement aircraft during his first term.
Boeing CEO Kelly Ortberg discusses the company's quarterly earnings results.
Ahead of today's opening bell, we're seeing lots of moving parts in the stock market. The Federal Open Market Committee (FOMC) starts its two-day meeting on economic policy today (spoiler alert: tomorrow afternoon they will not change interest rates) joins Durable Goods Orders and Q4 earnings reports.
Boeing shares hit a six-month high after CEO Kelly Ortberg said he' optimistic the company can meet a production target for the 737 airliner this year. The planemaker lost $20.38 per share for the year, but investors are still optimistic about the future.
BA's Q4 revenues amount to $15.24 billion, which beat the Zacks Consensus Estimate by 0.4% and decrease 31% from the year-ago quarter's level.
Boeing CEO Kelly Ortberg discusses working with the new Trump administration.
Boeing stock is the best Dow Jones stock Tuesday as a positive cash flow outlook offsets a fourth-quarter miss.
Boeing Co (NYSE:BA) stock is on the rise after the company's recovery plan, despite steeper-than-expected losses for the fourth quarter, a revenue miss, and its biggest annual loss since 2020.
CNBC's Phil LeBeau and Boeing CEO Kelly Ortberg join 'Squawk on the Street' to discuss the company's quarterly earnings results, 2025 outlook, production delivery timeline, working with the new Trump administration, state of the company's space & defense business, and more.
Planemaker grapples with problems at commercial and defense units and fallout from west coast workers' strike
Boeing's stock surged toward a six-month high after the big loss that the aerospace giant warned of last week materialized.
Boeing is working with the Trump administration to speed up delivery of two replacement presidential aircraft, better known as Air Force One, Boeing CEO Kelly Ortberg said in an interview on Tuesday.