:

Boeing Authorizes $7 Billion Stock Repurchase

DDN

Wednesday, October 31st, 2007

SHARE:

Boeing [BA] this week approved a new $7 billion stock repurchase program that follows a $3 billion repurchase effort approved last year that is nearing completion. "Our strong financial performance allows us to return value to our shareholders while continuing to invest in our growth and becoming more productive," said Boeing Chairman, President, and CEO Jim McNerney. "We are executing a balanced cash deployment strategy that's serving Boeing and its shareholders well." Boeing, which last week reported strong third quarter…

Congress

House Authorizers Retain Battleship Funding, But Want Nuclear-Power Report

The House Armed Services Committee’s (HASC) Thursday markup of the FY 2027 defense authorization bill rejected an amendment to cut funding for the new Trump-class battleship (BBG(X)), but did agree […]

Congress

HASC Rejects $150 Billion Topline Cut, Iran Cost Transparency Proposals At NDAA Markup

The House Armed Services Committee (HASC) on Thursday rejected a Democrat-led proposal to cut the $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA) by $150 billion, as the […]

HASC Wants Pentagon List Of Critical F-35 Technical Data Rights And Estimate Of Cost To Buy Them For Repairs

The House Armed Services Committee (HASC) wants the Pentagon to inform the committee of critical technical data rights for the Lockheed Martin [LMT] F-35 fighter and how much it would […]

Space

NRO Nominee: “We Have To Look Differently At Our Requirements”

The National Reconnaissance Office (NRO) has said that it has launched more than 200 proliferated low Earth orbit satellites in the last two years to supplement the costly high-end systems […]