Boeing Posts Wider-Than-Expected Q3 Loss as Commercial Production Challenges Persist
Boeing reported a wider-than-expected third-quarter loss as commercial jet production challenges offset stronger defense and services results.
Boeing reported a wider-than-expected third-quarter loss as commercial jet production challenges offset stronger defense and services results.
Barclays opened aerospace and defense coverage, rating SpaceX and Rocket Lab Overweight and favoring defense tech over large primes.
SPEEA approved a four-year Boeing deal with average pay up about 32%, ending a strike threat that could have delayed the 737 MAX and 777X.
Boeing beat Northrop for the Navy’s $20B F/A-XX deal to replace Super Hornets. First jets expected in the 2030s. Boeing now holds both U.S. 6th-gen programs.
FAA delays 737 MAX 10 certification after Boeing flags a software issue that can disable automated guidance after a missed approach. No grounding.
CEO Ortberg said the 737 rate ramp has taken longer than expected. Defense programs still carry charge risk. A strike would hit 777X work.