Sign In
Search
Business/Financial

737 MAX Woes Weigh Down Boeing In Third Quarter; Defense Turns A Profit

Cal Biesecker By
SHARE:
737 MAX Woes Weigh Down Boeing In Third Quarter; Defense Turns A Profit
Boeing President and CEO Dennis Muilenburg. Photo: Boeing

Boeing [BA] on Wednesday reported big drops in sales and earnings in its third quarter as it continues to struggle with the grounding of its 737 MAX passenger plane, which it expects to return to service later this year. The safe return to service of the 737 MAX, which suffered two tragic crashes in the past year, remains the company’s top priority, Dennis Muilenburg, Boeing’s president and CEO, said on the company’s earnings call. The earnings call was dominated by…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Rocket Lab Closes Mynaric Acquisition At Higher Price Than Originally Agreed

Business/Financial

On-Orbit Services Startup Starfish Space Raises $110 Million To Execute Missions, Boost Production

Business/Financial

X-Bow Providing Rocket Assisted Takeoff Kit For AEVEX Long-Range Loitering Munition

Business/Financial

Powerus, DFT Team To Deliver Enhanced Drone Interceptors

Trending

Army Names FLRAA As Cheyenne II; Plans First Unit With 24 Aircraft In FY ‘30 While Noting Timeline ‘Variables’
Lockheed Martin Boosts Venture Arm To $1 Billion
Lockheed Martin Planning Next-Generation Space Dominance Demos On Orbit
Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says
Defense Watch: EA-37s in Wargame, Laser Use OK’d, Army ADOC, UAS Award, FMD Chief Back

Congress Updates

Army

Army Secretary Says “We Need To Over-Invest in FLRAA To Get It Online As Quickly As Possible”

Rep. Ken Calvert (R-Calif.), chairman of the House Appropriations Committee’s defense panel (HAC-D), said on Thursday that the Army’s budget plan beginning in fiscal 2027 has more than $2 billion […]

Congress

Pentagon Fiscal 2027 Budget To Address Cannibalization Of Parts For F-35, Legislator Says

The Pentagon’s upcoming fiscal 2027 budget request will help reduce the cannibalization of parts for the F-35 fighter by Lockheed Martin [LMT], the chairman of the House Armed Services Committee’s […]

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

The Force Multipliers

Force Multipliers

Arne Brinck – Dark Wolf Solutions

Force Multipliers

Jags Kandasamy – Latent AI

Force Multipliers

Force Multipliers – Krista McKendree

Force Multipliers

Force Multipliers – Fred Taylor

Job Feed

Post a Job // Post a Resume