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Boeing's biggest rival, Airbus, has seen its stock rise 14% over the past year. Bank of America analysts estimated that the European planemaker delivered as many as 760 jets thanks to a big end-of ...
There are two key questions that Foolish investors will be asking after Boeing's latest results. The first is what is its order book going to look like in 2014? The second is whether its ...
A year after a panel blew out of a Boeing 737 Max during flight, the nation’s top aviation regulator says the company needs "a fundamental cultural shift” to put safety and quality above profits.
A strike by about 27,000 machinists at Boeing over outsourcing, job security, pay, and benefits began September 7, 2008. [1] [2] [3] The union, International Association of Machinists, and Boeing appeared unwilling to compromise to settle the strike. The company had 3,700 jets on back order, which union members hoped would put pressure on ...
Future Imagery Architecture (FIA) was a program awarded to Boeing to design a new generation of optical and radar imaging US reconnaissance satellites for the National Reconnaissance Office (NRO). In 2005 NRO director Donald Kerr recommended the project's termination, and the optical component of the program was finally cancelled in September ...
Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue [6] and is the largest exporter in the United States by dollar value. [7] Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916. [8]
Boeing's CEO defended his record amid accusations that the company had put its financial health over the safety of its planes, asserting that new policies had been put in place to correct past issues.
In November 2016, McAllister was named as President and CEO of Boeing Commercial Airplanes, taking the role previously held by Raymond Conner. [3] In October 2019, McAllister was ousted from his position as CEO of Boeing Commercial Airplanes amid controversy surrounding the Boeing 737 MAX groundings .
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