While much of the public attention has been on Boeing’s troubled civil aviation unit, the figures revealed the equally precarious state of the defense business, which suffered $1.7 billion in ...

“There’s no silver bullet on these fixed-price programs," said CEO Kelly Ortberg. Boeing’s defense unit on Tuesday posted $1.7 billion in charges for the fourth quarter of last ...

An almost two-month-long strike by aerospace workers contributed to Boeing’s defence unit delivering a reduced total of 110 aircraft last year: down from 157 in 2023. Combat aircraft shipments ...

Boeing stated that the results reflect the impact of the IAM work stoppage, charges on certain defense programs, and costs associated with last year’s workforce reductions. Related: Boeing Stock ...

Boeing has announced that it expects a $4 billion loss in the fourth quarter of 2024, due to a challenging year marked by a seven-week labor strike by US Coast factory workers and extra charges within ...

While much of the public attention has been on Boeing’s troubled civil aviation unit, the figures revealed the equally precarious state of the defense business, which suffered $1.7 billion in charges ...

Core Loss Per Share: $5.90, reflecting impacts of IAM work stoppage and defense program charges. Free Cash Flow: Use of $4.1 billion in the quarter. Boeing Commercial Airplanes Revenue ...