Aerospace & Defense

Boeing Moves the Goal Posts on 737 Max Flight Resumptions

Posted: January 22, 2020 at 10:55 am

In a statement late Tuesday, Boeing Co. (NYSE: BA) revised yet again its estimate of when the grounded 737 Max aircraft will receive regulatory approval to fly again. The company ...
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Aerospace Firms Woodward, Hexcel Merge; Responding to Boeing Troubles?

Posted: January 13, 2020 at 9:50 am

Two firms that produce control systems and advanced composite materials agreed on Sunday to a merger of equals that will create one of the largest independent suppliers to the aerospace ...
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Will Northrop Grumman Stock Be a Top Performer Again in 2020?

Posted: January 10, 2020 at 10:00 am

Following the announcement last week that a U.S. drone attack had killed a top Iranian general, defense stocks got a tidy boost of between about 3% and 7%. Northrop Grumman ...
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Boeing Should Spin Off Defense Operations as 737 Max Troubles Explode

Posted: January 10, 2020 at 6:15 am

A Boeing Co. (NYSE: BA) employee, in a comment about the troubled 737 Max, commented: "This airplane is designed by clowns, who in turn are supervised by monkeys." As Boeing ...
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Boeing 737 Crash in Iran Kills 176

Posted: January 8, 2020 at 7:50 am

A Boeing Co. (NYSE: BA) 737-800 crashed shortly after takeoff Wednesday morning as it was leaving Tehran. The Ukraine International Airlines jet was destined for Kyiv, and all 176 passengers ...
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As Problems Mount, Boeing Should Spin Off Defense Operations

Posted: January 6, 2020 at 6:30 am

Boeing Co. (NYSE: BA) was hit with more bad news: there may be design problems in its already grounded 737 Max. The new trouble may have to do with how ...
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Boeing Could Spin Off Defense Unit to Salvage Stock

Posted: January 2, 2020 at 6:25 am

Boeing Co. (NYSE: BA) shares rose only 1% last year, compared with a 30% gain for the S&P 500. Problems with its crippled 737 Max will not go away soon, ...
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Boeing Ousts CEO, Names Chairman to Take Over

Posted: December 23, 2019 at 10:30 am
Last updated: December 24, 2019 5:57 am

In a "Here's your hat, what's your hurry" announcement Monday morning, Boeing Co. (NYSE: BA) said that now-former CEO Dennis Muilenburg has resigned effective immediately and that the company's board ...
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After a Strong 2019, Are There Any Undervalued Defense Contractors?

Posted: December 21, 2019 at 12:20 pm

Last week, the U.S. Senate passed the National Defense Authorization Act (NDAA), clearing the way for the president to sign the defense spending bill into law before Congress takes its ...
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Boeing’s Starliner Spacecraft Misses Rendezvous With Space Station

Posted: December 20, 2019 at 11:35 am

A Boeing Co. (NYSE: BA) spacecraft launched Friday morning from Cape Canaveral, Florida, failed to make a course correction that would have put the craft on a path to rendezvous ...
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Why All 3 Credit Ratings Agencies Are Curbing Their Enthusiasm on Boeing

Posted: December 19, 2019 at 2:10 pm

If you were only watching shares of Boeing Co. (NYSE: BA) in 2019, you might never know there was a raging bull market that's now a decade long. At the ...
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Could Boeing’s 737 Max Production Halt Come Back to Haunt the Company?

Posted: December 17, 2019 at 8:15 am

In a press release issued after markets closed Monday, Boeing Corp. (NYSE: BA) announced that it will "temporarily suspend" production of the company's 737 Max passenger jet beginning in January. ...
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Will Boeing Halt or Just Slow Down 737 Max Production?

Posted: December 16, 2019 at 11:30 am

Ever since Boeing Co. (NYSE: BA) 737 Max passenger jets were grounded in March, the company has been building them at a rate of about 42 planes a month, a ...
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Boeing, FAA Get Roughed Up in House Hearing

Posted: December 11, 2019 at 1:20 pm

At a hearing Wednesday before the House Transportation and Infrastructure Committee, Federal Aviation Administration (FAA) chief Steve Dickson said that FAA recertification of Boeing Co. (NYSE: BA) 737 Max is ...
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Boeing Fined for Using Defective Parts

Posted: December 9, 2019 at 1:50 pm

The Federal Aviation Administration (FAA) on Friday levied a fine of more than $3.9 million against Boeing Co. (NYSE: BA) for installing defective parts on about 133 aircraft that the ...
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