Kenneth F Duberstein has been a Boeing (NYSE: BA) director since 1997. Prior to joining the board, he was, among other things, White House Chief of Staff in 1988 and 1989 and a lobbiest. Duberstein…
Defense Secretary Robert Gates won kudos earlier this month when he announced plans to slash $78 billion over 5 years from the Pentagon’s budget and cut the size of the Army and Marine Corps. …
War and the fear of war create uncertainty for financial markets. If there is one place in the world that you can count on uncertainty rising from throughout the years it is North Korea…
Lockheed Martin Corporation (NYSE: LMT) is going to retire more stock. The defense giant announced this morning that it has approved a new share repurchase program that will allow the repurchase of up to…
Boeing (NYSE: BA) workers have to put up with the fact that their CEO W. James McNerney Jr. is one of the worst big company chief executives on the planet. Try as he might,…
Boeing (NYSE: BA) announced that the delivery of its 787 Dreamliner would be delayed until the mid-first quarter of 2011, the 8th delay since the aircraft’s creation was announced more than five years ago.…
The defense sector has been under pressure as the future military spending is moving away from the giant expense items. This week’s news was that $100 billion is the target goal to take out…
Maybe the third time will be the charm. Today marks the closing date for bids to build a new refueling tanker for the US Air Force. Boeing Co. (NYSE: BA) submitted its 8,000 page…
Boeing (NYSE: BA) says it has found more problems with its 787 Dreamliner. The company said it would inspect the plane for “workmanship” issues. There is apparently a problem with the aircraft’s horizontal stabilizers.…
It is hard to imagine that the launch of the Boeing (NYSE: BA) 787 Dreamliner could fall further behind than it already has. The number of delays is now nearly a dozen and the date on…
Problems with supply chain and parts shortages have caused Boeing (NYSE: BA) to yet again delay building some of its 787 Dreamliners . The company said it would halt the building of the 23rd and…
Boeing (NYSE: BA) is finally close to being out from under the years of delays of the launch of its flagship Dreamliner. Supplier, labor, and poor technical coordination caused half a dozen delays while customers…
Russian cold warrior Nikita Sergeyevich Khrushchev is long dead and with him the battle he fought with John Kennedy when Soviet–US military tensions were at their apex. Those times are remote enough in memory that…
These are this Wednesday’s top ten analyst upgrades, downgrades, and initiations seen from today’s Wall Street research notes: Alliant Techsystems (NYSE: ATK) Raised to Outperform at Macquarie. CA Inc. (NYSE: CA) Raised to Buy…
By Douglas A. McIntyre Boeing (NYSE:BA) 777 aircraft engines can ice up and stop working. The engines in question are made by Rolls-Royce, and although the problem is very rare, it is dangerous. The…