By Julie Zhu and Anne Marie Roantree HONG KONG, May 28 (Reuters) - China's commitment to buy 200 Boeing jets during a recent visit by U.S.
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Dell Federal Systems, a unit of the company dedicated to serving the government, wins a US defense contract.
WASHINGTON, May 27 (Reuters) - The head of the Federal Aviation Administration said on Wednesday that he expects the Boeing 737 MAX 7 to be certified this summer and the larger MAX 10 to be approved before the end of the year. FAA Administrator Bryan Bedford told Reuters at an aviation forum in Washington that he also expects Boeing will again hike production of the 737 MAX in the next 90 days.
May 27 (Reuters) - Boeing is increasing 737 production to 47 jets a month, up from 42, after consulting with the Federal Aviation Administration, Boeing CEO Kelly Ortberg said on Wednesday. "We're off and rolling at the 47 rate, and we should be there in the next couple months," Ortberg said at the Bernstein Annual Strategic Decisions Conference.
Boeing stock rose after CEO Kelly Ortberg gave investors some good news about an important 737 MAX milestone. The company passed its capstone review with the Federal Aviation Administration, allowing it to increase its 737 MAX production to 47 jets a month, Ortberg said at the Bernstein Strategic Decisions investor conference Wednesday. Most recently, Boeing had been making 42 MAX jets a month, after getting FAA approval to raise production in late 2025.
Investing.com -- Seaport Research Partners initiated coverage on GE Aerospace with a Buy rating and a $375 price target, arguing that recent weakness in the aerospace giant’s shares presents an attractive entry point for investors betting on a longer-lasting aviation aftermarket boom.
Boeing is preparing to raise production of its 737 Max jets to 47 per month, with a longer-term goal of 63 per month.
Boeing's CEO said the company is ready to expand production of its 737 MAX models to 47 jets a month, a hopeful sign for its effort to move past quality-control problems. CEO Kelly Ortberg said Boeing recently passed a "capstone review" of its MAX production, clearing the way for its next increase in output. The Federal Aviation Administration capped Boeing's monthly manufacturing rate in 2024 after the midair blowout of a 737 MAX door panel, and regulators last year removed some production restrictions, but the company has ramped up output gradually to avoid snags.
CEO Kelly Ortberg said Boeing has passed an FAA review and expects to reach the higher output rate within a few months
Investing.com -- Boeing (NYSE:BA) is targeting to balance inventory at a production rate of 52 aircraft per month for its 737 program, CEO Kelly Ortberg said Wednesday at the Bernstein Conference webcast.
FAA, NTSB investigation into the November UPS Airlines crash appears to blame Boeing for failing to identify serious quality risks.
Air China Cargo has exercised options for four additional Airbus A350 cargo jets. Airbus now has almost double the amount of orders for large, next-gen freighters as Boeing. The post Air China Cargo tops up order for Airbus A350 freighter aircraft appeared first on FreightWaves.
Recently, Zacks.com users have been paying close attention to Boeing (BA). This makes it worthwhile to examine what the stock has in store.
COPT Defense Properties serves defense and intelligence tenants near secure government hubs. Investors will be closely watching whether that niche can keep supporting growth while much of the office market remains under pressure.
The carrier plans to outfit its Airbus narrowbody fleet starting in early 2027, joining United, Southwest, and Alaska Airlines in selecting SpaceX's service
Investing.com -- Applied Aerospace & Defense, Inc filed on Tuesday for a 32,500,000 share IPO at $18-$21 per share on the New York Stock Exchange, targeting to raise as much as $682.5 million
The past six months have been a windfall for FTAI Aviation’s shareholders. The company’s stock price has jumped 53.5%, hitting $251.77 per share. This performance may have investors wondering how to approach the situation.
Both Boeing and Lockheed Martin benefit from significant exposure to military aircraft, space systems and government defense contracts.
Few dispute that Boeing will have a new narrow-body in place over the next decade, but the question is in what form and what it will take to get there.
The biggest airline start-up this century is forging ahead with plans to launch in Saudi Arabia despite disruption caused by the Iran war. Riyadh Air will collect its first new jets from Boeing this week before commencing flights on July 1, including to London. Tony Douglas, the carrier’s British chief executive, said an extra 22 routes including will be unveiled in quick succession as part of a plan to serve 100 cities worldwide within five years and establish a fleet of more than 180 jets. The

In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications or imagery.
In addition to rocket companies that launch payloads into orbit, others in the sector develop satellites and vehicles or provide space-based services like communications or imagery.
Boeing won a US federal jury verdict in its favor in a long running 737 MAX fraud case brought by LOT Polish Airlines. The company was selected for the US Air Force's Next Generation Air Dominance program, a key future fighter aircraft platform. Boeing also secured a substantial contract to upgrade C-17 Globemaster III systems in its defense business. NYSE:BA is trading around $219.02, with the stock up 8.2% over the past year but down 11.3% over five years. These mixed returns reflect how...
A number of stocks jumped in the afternoon session after the Dow hit a fresh all-time high above 50,700 as yields cooled off. Industrials are the most direct play on physical economic activity.
A number of stocks jumped in the afternoon session after the Dow hit a fresh all-time high above 50,700 as yields cooled off.
A number of stocks jumped in the afternoon session after the Dow hit a fresh all-time high above 50,700 as yields cooled off. Industrials are the most direct play on physical economic activity.
A number of stocks jumped in the afternoon session after the Dow hit a fresh all-time high above 50,700 as yields cooled off.
Investors have had plenty of reasons to question Boeing over the past few years, but Wall Street is starting to separate the company’s defense story from its better-known commercial aviation challenges. Citi is turning more constructive on parts of the aerospace and defense sector after a sharp ...