Hundreds of pages of documents obtained by the Business Journal reveal multiple safety lapses in Boeing's fighter jet work ...
Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024 that included a lengthy labor strike, major ...
In 2022, China announced sanctions against Ted Colbert, the president and CEO of Boeing Defense, Space and Security. after the company won a $355 million contract to supply Harpoon missiles to Taiwan.
Lockheed Martin Corp. LMT recently secured a contract to provide Life Extension 2 SSP Alteration advanced design and ...
Boeing defense ended 2024 with $4.9 billion in charges, the largest amount since $4.4 billion in 2022. The Arlington, Virginia-based aircraft manufacturer has vowed to avoid fixed-price contracts ...
The latest charges raise Lockheed’s historic losses to $1.4 billion on the classified program in M&FC. All losses reported so ...
Boeing continues to grapple with challenges in troubled government programs it won bidding on fixed-price development contracts and while there is no ...
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
and beg the question about whether Boeing can do anything to terminate/offload these contracts,” said analysts at TD Cowen in ...
Julie Johnsson | Bloomberg — Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for Chief Executive Officer Kelly Ortberg as he tries to stabilize ...
Ortberg said in the interview he is considering non-core segments to sell, likely from Boeing's defense, space and services division. “This is not going to be a major restructuring of the Boeing ...