Boeing Should Have Fired CEO Muilenburg
The Boeing Co. (NYSE: BA) board of directors has fired CEO Dennis A. Muilenburg from his job as board chair but will let him stay on as chief executive, at ...Read Full Story »
Aerospace & Defense
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What Will Happen to UTC and Raytheon in the Dow Post-Merger?
The world of mergers and acquisitions and special-situation investing never ceases to evolve. The case of Raytheon Co. (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) fits right in the ...Read Full Story »
Boeing’s 9-Month Deliveries Plunge by Almost Half
Boeing Co. (NYSE: BA) reported Tuesday morning that third-quarter deliveries of its 737 family of jets totaled a mere five, down from 24 in the second quarter and 89 in ...Read Full Story »
Boeing, Airbus Just Lost a Potential $40 Billion Order
Aircraft lessor Dubai Aerospace Enterprise (DAE) once expressed interest in purchasing 400 new single-aisle jets from Boeing Co. (NYSE: BA) and Airbus. In 2017, DAE acquired Dublin-based lessor AWAS, and ...Read Full Story »
Boeing Scorched by NTSB Report on 737 Max Crashes
The National Transportation Safety Board (NTSB) on Thursday announced that it has issued seven safety recommendations to the Federal Aviation Administration (FAA) related to the NTSB's continuing investigation of two ...Read Full Story »
This City Has the Two Worst Airports in the Country
If you’re flying into or out of the New York City area, you might want to consider using John F. Kennedy International Airport if possible. The region’s other two major ...Read Full Story »
Boeing Flies Navy Drone Tanker for First Time, Struggles With Air Force Tanker
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 ...Read Full Story »
Boeing Air Force Training Jet Gets an Official Name: T-7A Red Hawk
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. ...Read Full Story »
Kennedy Space Center Dodges Hurricane Damage
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, ...Read Full Story »
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 »
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 »
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