After announcing an increase in share repurchase fund and 25% increase in dividends, Boeing Co (NYSE:BA) is all set to make another record in 2015. The world’s biggest airplane manufacturer is ready to deliver up to 754 commercial jets in 2015. According to the recent forecast from the U.S. Aerospace Industries Association, the jet manufacturer’s…
Boeing Co (BA) Stretches Its Eyes Beyond American Markets Till Asian Shores
Anyone who keeps track of the aviation industry must have definitely come across Boeing Co (NYSE:BA)’s inauguration of its CST-100 spacecraft in UAE at an innovation summit. CST is meant as an acronym for crew space transport and this capsule, which is designed to carry seven crew members has been primarily constructed for NASA to…
Boeing Co (BA) Set For Springing Lucrative Surprises at Investors In Future
Usually it is common for investors to be prepared for a surprise but Boeing Co (NYSE:BA)’s robust Q3 profit of 2014 that declared earnings worth more than $2 per share caught everyone unaware. What was even more surprising, according to Richard Aboulafia of Teal Group Corporation was the increase in production costs that Dreamliner 787…
Merck & Co., Inc. (MRK), The Walt Disney Company (DIS), The Boeing Company (BA): Top 3 Stock Holdings of Abner Herrman & Brock
Abner Herrman & Brock has offered investment services for over three decades and it has a current portfolio of $340 million, as per its recent SEC 13F filing filed on October 9, 2014. Merck & Co., Inc. (NYSE:MRK), The Walt Disney Company (NYSE:DIS), The Boeing Company (NYSE:BA) are among the top three investments of the…
The Boeing Company (BA) Got $4.9 Billion 737 MAX Fleet Order from Garuda Indonesia
The Boeing Company (NYSE:BA) got an order of 50 737 Max 8s from Garuda Indonesia, the Indonesian flag carrier airline. The agreement comes with a $4.9 billion price tag and it will allow the Indonesian airlines to meet its market demands. According to the news release from Boeing, Garuda Indonesia is going to purchase 46…
Airlines Ordered to Replace The Boeing Company (BA) 1,300 Cockpit Displays by Federal Aviation Administration
The Boeing Company (NYSE:BA) 737 and 777 have been affected by the Federal Aviation Administration (FAA) order for the replacement of cockpit display units that the agency have said are vulnerable to Wi-Fi frequencies. The cockpit displays were made by Honeywell International Inc (NYSE:HON). The agency and Boeing carried out tests on the displays and…
The Boeing Company (BA) Plans to Move Defense Activities Out of Washington
The Boeing Company (NYSE:BA) has revealed a consolidation plan that will see the aircraft manufacturer shift some of its defense works to other U.S. states. The move is expected to affect 2,000 jobs and reduce the company’s defense activities from its manufacturing base in Puget Sound region. The plan is in line with The Boeing…
The Boeing Company (BA) Faces Formal Protest Against its $6.8 Billion “Space Taxi” Contracts
The Boeing Company (NYSE:BA) and Space Exploration Technologies Corp are likely to face some protest from Sierra Nevada Corp. against the $2.6 billion “space taxi” contracts. According to the filed protest, Sierra Nevada has requested to block the awarded contract. National Aeronautics and Space Administration picked The Boeing Company (NYSE:BA) and SpaceX for ferrying astronauts…
The Boeing Company (BA) Exec Says Output of 737-Family Jets Can Only Be Increased If Sustainable
The Boeing Company (NYSE:BA) has seen demands for its 737-family jets go up with the potential of overwhelming the company’s current production capacity and plans. The company will however not increase the production beyond their plans unless there is a very good reason to do so. In an aviation conference in Istanbul, Boeing vice president…
The Boeing Company (BA) Receives New Orders But Losing Market Share to Lockheed Martin Corporation (LMT) in Military Airplanes
The Boeing Company (NYSE:BA), on September 20, 2014, stated that it has received an order of 20 737 MAX 8s from Ethiopian Airlines. The total price of the order is higher than $2.1 Billion and including options for purchase of additional 15 737 MAX 8s. Van Rex Gallard from Boeing, vice president of sales in…
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