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Manufacturing engineer Douglas Dorsey started working at Boeing in 1984 and retired in 2017. Dorsey worked on the Boeing 777 and 787 Dreamliner, where he said things began to unravel. He reflects ...
Formed from the merger of Boeing's (NYSE: BA) and Lockheed Martin's (NYSE: LMT) competing rocket businesses at the end of 2006, United Launch Alliance (ULA) quickly moved to dominate the business ...
Since then, Boeing has appointed a new chief executive, Kelly Ortberg, who has pledged to "restore trust" in the business, overhaul its corporate culture and prioritise the safety of passengers.
Shedding parts of it space business would be a landmark decision for Boeing, which has deep ties to the space program in Southern California — where it has built rockets, the X-37 space plane ...
Boeing reported a $6.1 billion loss in the third quarter, the latest knock for a company that's faced constant setbacks this year, writes Business Insider's Pete Syme.
Boeing's reputation, business, and financial rating suffered after the groundings, as Boeing's strategy, governance, and focus on profits and cost efficiency were questioned. [ 45 ] [ 46 ] [ 47 ] In 2022, Netflix released an exposé, Downfall: The Case Against Boeing , claiming Boeing's corporate merger with McDonnell Douglas led to the crashes ...
Boeing may put its iconic space business up for sale and had talks with Jeff Bezos’s Blue Origin, report says. Jason Ma. Updated October 28, 2024 at 1:44 PM.
The company debuted the product to journalists in 2005, receiving generally favorable reviews. However, facing competition from cheaper options, such as cellular networks, it proved too difficult to sell to most airlines. In August 2006, after a short and unsuccessful search for a buyer for the business, Boeing chose to discontinue the service.