Could Amazon Lose the Pentagon JEDI Project?
New Secretary of Defense Mike Esper apparently wanted to start his term by making some noise. He accomplished that on Thursday by announcing a review of the bidding for a ...Read Full Story »
Aerospace & Defense
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Boeing’s Troubles in a Nutshell
When Boeing Co. (NYSE: BA) reported its massive second-quarter loss on Wednesday, no one was terribly surprised. The company's struggle to recover from the effects of two fatal crashes of ...Read Full Story »
Why Boeing’s Massive Loss May Not Be Its Last
Boeing Co. (NYSE: BA) reported second-quarter 2019 results before markets opened Wednesday. The aerospace company posted an adjusted diluted earnings loss of $5.82 on revenues of $15.75 billion. In the ...Read Full Story »
What to Expect When Boeing Reports Q2 Results Wednesday
We already know that the Boeing Co. (NYSE: BA) second-quarter deliveries were more than a third less than in the prior quarter and that the company has created a $4.9 ...Read Full Story »
Why Lockheed Martin Earnings Sent Investors Fleeing
Lockheed Martin Corp. (NYSE: LMT) reported second-quarter 2019 results before markets opened Tuesday morning. The world's largest defense company posted diluted earnings per share (EPS) from continuing operations of $5.00 ...Read Full Story »
United Technologies Earnings Provide Some Lift for Aerospace Sector
United Technologies Corp. (NYSE: UTX) reported second-quarter 2019 results before markets opened Tuesday. The industrial conglomerate posted adjusted diluted earnings per share (EPS) of $2.20 on revenues of $19.63 billion. ...Read Full Story »
How Bad Is Boeing’s $4.9 Billion Charge?
After markets closed Thursday, Boeing Co. (NYSE: BA) issued a press release announcing that it will record a $4.9 billion second-quarter after-tax charge ($8.74 per share) related to "potential concessions ...Read Full Story »
The Value of Boeing’s Now Infamous 737 Max 8 Drops by Millions of Dollars
Boeing Co. (NYSE: BA) faces a multitude of problems due to crashes of its 737 Max 8, which took 346 lives. Boeing faces a large number of legal actions from ...Read Full Story »
The Best Offense May Be Great Defense Stocks: 5 Top Picks to Buy Now
No matter what time period in history you look at, there is almost always some sort of global conflict. While nobody wants to see protracted and deadly wars, the reality ...Read Full Story »
Boeing’s 6-Month Deliveries Plunge by More Than a Third
Boeing Co. (NYSE: BA) reported Tuesday morning that second-quarter deliveries of its 737 family of jets totaled just 24, down from 89 in the first quarter and 173 in the ...Read Full Story »
Saudi Airline First to Cancel Boeing 737 MAX Order
Saudi Arabian Airlines' (Saudia's) budget carrier, Flyadeal, has canceled a commitment to order placed last December for 30 Boeing Co. (NYSE: BA) 737 MAX jets, along with options for 20 ...Read Full Story »
Boeing’s 737 MAX Return May Be Delayed Even Further
Shares of Boeing Co. (NYSE: BA) traded down by as much as 6% in Thursday's premarket trading session following the disclosure late Wednesday that flight simulations have revealed a second ...Read Full Story »
How a ‘Game of Drones’ May Have Influenced U.S. Response to Drone Downing
The New York Times reported Thursday that President Trump first authorized a retaliatory strike against Iran for shooting down a U.S. surveillance drone and then withdrew the authorization following what ...Read Full Story »
Orders Slow Down for New Boeing, Airbus Airplanes
The Paris Air Show is winding down, at least the part where aircraft makers indulge in touting new orders for their pricey products. As of midafternoon Paris time, neither The ...Read Full Story »
Boeing, Airbus Continue Slugging It Out at Paris Air Show
No one expected The Boeing Co. (NYSE: BA) to pull out a single order for 200 single-aisle 737 MAX jets during this week's Paris Air Show, but that's just what ...Read Full Story »
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