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

Lockheed Martin Invests $25 Million In Fortem Technologies To Strengthen C-UAS Capabilities

Business/Financial

Information Trust Startup PeakMetrics Raises $6 Million In Series A Round

Business/Financial

Anduril Adds Edison Chouest Offshore For MUSV Production In The U.S.

Trending

USAF Examining Software, Construction Competition For Sentinel Program
Space Force Budget Includes $1.8 Billion To Modernize Launch at Vandenberg And Cape Canaveral
Pentagon To Move Forward On AEP Upgrades For GPS, As DoD Cancels GPS OCX
Defense Watch: Talon Blue News, Iranian Missiles, LTAMDS Award, DDG News
Space Force Awarded AMTI Contracts To Nine Vendors To Get Initial Space-Based Capability

Congress Updates

Air Force

Budd And Shaheen Bill Would Authorize 329 F-15EX Fighters

Two members of the Senate Armed Services Committee (SASC), Sen. Ted Budd (R-N.C.) and Sen. Jeanne Shaheen (D-N.H.), have introduced the Airpower Acceleration Act, which would authorize multi-year procurements of […]

Congress

HASC’s Wittman Sees ‘Challenging’ Push For $350B In Reconciliation Funds, Wants Sustained Defense Increase

NATIONAL HARBOR, Md.– Congress’ work to pass $350 billion in reconciliation funds to support the Trump administration’s push for a $1.5 trillion fiscal year 2027 defense topline is “going to […]

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 […]

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