Aerospace & Defense

Boeing Flies Navy Drone Tanker for First Time, Struggles With Air Force Tanker

Posted: September 20, 2019 at 8:50 am

With so much focus on Boeing Co.'s (NYSE: BA) problems with its 737 Max commercial passenger jet, it's not difficult to overlook the company's defense business. Boeing has two high-profile ...
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Boeing Air Force Training Jet Gets an Official Name: T-7A Red Hawk

Posted: September 16, 2019 at 4:10 pm

Almost exactly one year ago, Boeing Co. (NYSE: BA) won a $9.2 billion contract to deliver 351 trainer aircraft, 46 training devices, and other ground equipment to replace the U.S. ...
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Kennedy Space Center Dodges Hurricane Damage

Posted: September 7, 2019 at 9:55 am

The Kennedy Space Center, from which every major manned mission to space has been launched, was spared the ravages of Hurricane Dorian, but just barely. Located on Merritt Island, Florida, ...
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Could Amazon Lose the Pentagon JEDI Project?

Posted: August 2, 2019 at 8:40 am

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 ...
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Boeing’s Troubles in a Nutshell

Posted: July 25, 2019 at 10:45 am

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 ...
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Why Boeing’s Massive Loss May Not Be Its Last

Posted: July 24, 2019 at 9:50 am

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 ...
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What to Expect When Boeing Reports Q2 Results Wednesday

Posted: July 23, 2019 at 12:30 pm

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 ...
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Why Lockheed Martin Earnings Sent Investors Fleeing

Posted: July 23, 2019 at 11:25 am

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 ...
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United Technologies Earnings Provide Some Lift for Aerospace Sector

Posted: July 23, 2019 at 8:45 am

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. ...
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How Bad Is Boeing’s $4.9 Billion Charge?

Posted: July 19, 2019 at 7:40 am

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 ...
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The Value of Boeing’s Now Infamous 737 Max 8 Drops by Millions of Dollars

Posted: July 12, 2019 at 8:21 am

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 ...
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The Best Offense May Be Great Defense Stocks: 5 Top Picks to Buy Now

Posted: July 11, 2019 at 7:45 am

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 ...
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Boeing’s 6-Month Deliveries Plunge by More Than a Third

Posted: July 9, 2019 at 1:15 pm

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 ...
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Saudi Airline First to Cancel Boeing 737 MAX Order

Posted: July 8, 2019 at 8:05 am

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 ...
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Boeing’s 737 MAX Return May Be Delayed Even Further

Posted: June 27, 2019 at 10:21 am

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 ...
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