Aerospace & Defense

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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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. ...
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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, ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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. ...
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