Strategic Advisors LLC reduced its position in shares of Boeing Co (NYSE:BA) by 5.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,814 shares of the aircraft producer's stock after selling 253 shares during the period. Strategic Advisors LLC's holdings in Boeing were worth $1,553,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ironwood Financial llc purchased a new stake in Boeing during the 4th quarter worth about $32,000. Proffitt & Goodson Inc. lifted its
Microsoft, Boeing, and Zoetis could all be great "forever" investments.
VietJet will reportedly wrap up a provisional order of Boeing passenger jets when President Trump visits Hanoi for his North Korea summit next week.
Boeing (BA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Jenette Ramos has been on the move since childhood. Born in the Philippines, she grew up in South Carolina, Connecticut, Oregon and Washington — following her father in the U.S. Air Force, and then her mother through medical school. Early memories include sitting in the back of a station wagon, listening to 8-track tapes while on family road trips. Today, Ramos travels the globe for Boeing Co. A 30-year veteran of the aerospace giant, Ramos is senior vice president of Manufacturing, Supply Chain & Operations and a member of the Boeing Executive Council. In her role, she oversees the global supply chain and operations. It's a complex chain: According to the company, in 2017, Boeing spent nearly
Boeing is not only poised to gain from an uptick in defense outlays, it is also increasing shareholders wealth through dividend payments and share buybacks.
To say that NASA bet big on U.S. companies Boeing and SpaceX to provide solutions for manned spaceflight would be a colossal understatement. The space agency basically put all its eggs in two baskets, and neither of them seem to be capable of staying on track, with countless delays, setbacks, and the cost overruns that accompany them.As Reuters reports, NASA's recent rundown of "key risk items" heavily features the manned spaceflight hardware currently being worked on by SpaceX and Boeing, and warns that additional delays are likely in the cards. According to a source that spoke to Reuters, as many as 35 issues have been highlighted by NASA's advisory panel, and addressing those problems will potentially push both companies even farther off schedule.Spokespersons for both SpaceX and Boeing commented in an upbeat tone for the original piece, noting that the companies are working hard and hitting milestones, but concerns remain, especially when it comes to safety.Ensuring that the homegrown rocket and ship technology from the two companies can safely carry travelers for many years to come means getting everything right, but the need for manned spacecraft is immediate.The most pressing concern is that of the International Space Station, and NASA has been paying the Russian space program to carry U.S. astronauts there for some time now. NASA extended its agreement with Roscosmos last year after it became clear that neither SpaceX or Boeing were going to be able to meet their more optimistic deadlines. Now, with absolutely no way to send astronauts into space after 2019, NASA now must consider paying Russia even more money to ensure U.S. presence aboard the ISS.NASA's demands are high, and both companies will need to prove their flight platforms are safe and reliable before any astronauts are allowed to take to the skies. It'll be interesting to see if either company is ready by the end of 2019, or if further delays and issues push the timeline back yet again.
Boeing and Airbus are in a race to supply jets for the longest flight in the world, which will be operated by Australian airline Qantas.
In the spirit of the great Eric Miller, Chief Strategist at Donaldson, Lufkin and Jenrette when I worked there in the 1990s, here are some Random Gleanings from today's market activity. There is no bigger Duke Blue Devil fan than me. To see Zion Williamson go down 36 seconds into the game after his Nike PG 2.5 blew out was really disheartening to Duke fans everywhere.
Unfortunately, today’s fighter force mix, despite increasing numbers of F-35s over time and upgraded F-22s, will likely not be enough to meet future needs. America needs the F-15X.
Aerospace company Boeing Thursday held discussions with its partners, Mahindra Defence Systems (MDS) and Hindustan Aeronautics Limited (HAL), on the proposed F/A-18 Super Hornet 'Make in India' plan. The partners are developing comprehensive plans to set-up a new 'factory of the future' to manufacture Super Hornet locally, Boeing said after the discussions at the Aero India air show at the Yelahanka air base here. The program is expected to work with several Indian suppliers to grow a thriving defense aerospace base which could accelerate other programs, a company statement said. The facility will create a world-class, highly trained aerospace workforce, it said. The public-private partnership
To Iranians, Shiraz is known as the city of poetry and roses. To Norwegian Air Shuttle ASA, it has become the focus of a two-month battle to retrieve a Boeing Co. jet that's been trapped in the net of U.S. sanctions. The 737 Max aircraft made an emergency landing in Shiraz on Dec. 14 after developing engine problems while en route from Dubai to Oslo. Passengers were flown out the next day, but the stricken plane has been grounded in the ancient city at the foot of Iran's Zagros mountains ever since. Norwegian Air initially imagined it would be a straightforward matter to fly in the needed parts, said Reza Jafarzadeh, head of public relations at Iran's Civil Aviation Organization. “Then it realized
NASA has warned SpaceX and Boeing Co of design and safety concerns for their competing astronaut launch systems, according to industry sources and a new government report, threatening the U.S. bid to revive its human spaceflight program later this year. NASA is paying SpaceX $2.6 billion and Boeing $4.2 billion to build rocket and capsule launch systems to return astronauts to the International Space Station from U.S. soil for the first time since America's Space Shuttle program went dark in 2011.
A Virgin Atlantic flight from Los Angeles to London reached the ground speed of 801 mph with the help of strong winds, according to reports. The blistering speed was reached while at 35,000 feet above Pennsylvania. The Boeing 787 twin-jet aircraft was given a boost by a furious jet stream, the high-altitude air current along which storms travel. “[N]ever ever seen this kind of tailwind in my life as a commercial pilot,” tweeted Peter James, a jet captain. Monday's record was above the speed of sound-- which is 767 mph-- however, whether air travel breaks the sound barrier is dependent on its airspeed, not ground speed. Commercial aircraft are not designed to fly at supersonic speeds. The Virgin