BA stock, with -32% returns since the beginning of 2024, has significantly underperformed the S&P 500 index, up 27%.
The vice president leading Boeing's Starliner spacecraft unit, Mark Nappi, has left his role in the program and been replaced by the company's International Space Station program manager, John Mulholland,
The vice president leading Boeing's Starliner spacecraft unit, Mark Nappi, has left the program and was replaced by the company's International Space Station program manager, John Mulholland, a Boeing spokesperson told Reuters on Thursday.
Boeing has lost more than $2 billion producing the Next Air Force One after President Donald Trump renegotiated the deal in his first term.
In an interview with The Seattle Times after reporting grim financial results early Tuesday, Kelly Ortberg said that six months into the job, he thinks Boeing is "starting to turn the corner."
Elon Musk used his new government efficiency role to stop by the operations of his competitor Boeing to look into the long-delayed efforts to renovate two 747 jets into the next generation of Air Force One jets,
Boeing posted a fourth-quarter loss of $3.8 billion on Tuesday as a machinists strike and other problems continued to plague the troubled aircraft manufacturer.
CEO Kelly Ortberg took over at Boeing knowing that the company was in trouble. Those troubles added up to an $11.8 billion loss last year, the company reported on Tuesday.
And now that the dust has settled at aerospace stock Boeing (BA), it is now time to look to the future, and see if Boeing can pull off anything
Boeing Co (NYSE:BA) reported a 31% year-over-year revenue decline to $15.242 billion in the fourth quarter of 2024, missing the consensus of $16.174 billion. Adjusted loss per share grew to $5.90 from $0.
RTX Corporation reported strong Q4 results with double-digit sales growth across all channels. Read why I have upgraded RTX stock to a Strong Buy.