Is Northrop Grumman stock immune to the coronavirus? Defense has historically been an attractive sector during economic downturns and the aerospace giant doesn’t expect major impacts from the pandemic.
The situation got a little worse today for Boeing amid the COVID-19 pandemic as Australian airline Qantas International said it would not take delivery of any new planes from Boeing or Airbus in the…
Not only does Boeing need to deliver finished airplanes to its airline customers, but the aerospace giant also needs to ensure that its suppliers can deliver the parts Boeing needs to build those planes.
Boeing rolled out a jet-powered drone that will employ artificial intelligence in Australia’s air defense. The delivery comes as Boeing says its defense business will exceed its commercial business this year.
Boeing was in trouble long before the COVID-19 pandemic forever changed air travel. Things did not get better this weekend, given Warren Buffett’s bad news for airline stocks.
Boeing posted a wider-than-expected first-quarter loss but beat an estimated free cash flow loss. The company also said it will cut 10% of its global workforce of around 160,000 people.
When Boeing reports first-quarter results Wednesday morning, analysts are expecting a 25% dip in year-over-year revenues and a net loss per share of more than $1.50. The results could easily be worse, too.
Brazilian aircraft maker Embraer has begun arbitration proceedings against Boeing after the U.S.-based aerospace giant pulled out of a planned joint venture with the Brazilian firm.
Even beyond the woes of the 737 Max, The Boeing Company (NYSE: BA | BA Price Prediction) and other plane-makers have seen all of their customers go from healthy to questionable in just one…
In two weeks, Boeing will report first-quarter 2020 results. No one expects much, but an awful lot could have changed for the airplane manufacturer by then.
It’s been longer than a year that there has been very much good news for Boeing Co. (NYSE: BA | BA Price Prediction). Apparently, not even bad news for Boeing lasts forever. The aerospace…
Boeing announced Tuesday that it restarted some operations in Washington that had been shut down to slow the spread of COVID-19. Still, deliveries and new orders are way down.