Mattis Firing Delays Delivery of Boeing Tanker to US Air Force
The firing of Defense Secretary Jim Mattis has delayed acceptance of Boeing's new KC-46 tanker beyond December 2018. Deliveries were originally set to begin in August 2017.
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Airplanes Boost November Durable Goods Orders
Durable goods orders in November rose month over month but fell short of expectations even given a sharp downward adjustment in October's total.
Boeing May Have Mitigated One Problem Just in Time to Face Another
Between Thursday's closing bell and Friday's opening bell, Boeing has announced two commitments for up to 150 of its 737 MAX airplanes, but it's proposed deal for a joint venture with Embraer is on…
Skittish Investors Hammer Airbus on Report of US Corruption Investigation
A French newspaper reported this morning that European aircraft maker Airbus was being investigated by the U.S. Justice Department for possible illegal payments to government customers around the world.
What Boeing’s Dividend Hike Means
Late Monday, Boeing announced a 20% boost to its annual dividend and an upgraded $20 billion share buyback program. Will these be enough to put some air under the company's wings?
Boeing Pays $4.2 Billion for Stake in Embraer JV
Boeing and Brazilian aircraft maker Embraer have agreed to establish a joint venture to build and service Embraer commercial jets. Boeing will pay $4.2 billion for an 80% share in the JV.
Defense Spending Headed Much Higher: 3 Stocks to Buy Now
Given the volatile situations around the globe, and the big foreign purchasing, the defense sector remains a good place to keep capital in growth portfolios.
Boeing Deal for Embraer Halted by Brazilian Court
A federal court in Brazil has stopped, at least temporarily, the planned creation of a joint venture between Boeing and Brazil's Embraer.
Lockheed Martin, Airbus Team Up to Supply a Tanker in Case the Air Force Needs One That Works
Lockheed Martin and Airbus have agreed to an alliance for the purpose of offering the Airbus A330 MRTT tanker/transport plane as an alternative to Boeing's much-delayed KC-46. There's a lot at stake.
How Boeing Is Propping Up the Dow
Boeing's share price gain Monday accounts for about 60% of the gain in the Dow. The aircraft maker looks to be on solid footing heading into the end of the year and the 12-month…
Why United Technologies Finds That Breaking Up Is Not So Hard to Do
Industrial conglomerate United Technologies announced late Monday that it is splitting itself into three companies. The separation is expected to be tax-free to investors and be completed in 2020.
Boeing Cancels 737 MAX Conference Call; Shares Dive
A report that Boeing canceled a conference call with customers of its 737 MAX family of passenger jets sent the stock into a dive Tuesday morning. Here's why.
Three Airline Stocks Set to Fly Higher Than Their Peers
The U.S. airline carriers have been given a deep-dive review from Credit Suisse on Monday as the firm initiated coverage on the sector. Credit Suisse initiated airline sector coverage with an Overweight industry…
SpaceX Can Deploy Over 7,000 Broadband Satellites
SpaceX has added another large and pioneering service to a list that has mushroomed from commercial rockets to manned flight for private citizens.
Defense Stocks on Safer Ground After the Midterm Elections
A split Congress and President Trump's intent on keeping military spending high likely will keep the good times going for the defense sector and for the military industrial complex.