“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 ...

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 ...

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 ...

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 ...

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 ...

He said he is looking at non-core segments to sell, likely from Boeing's defense, space and services divisions. Boeing's commercial airplanes business is already streamlined, he said. For now ...

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 ...

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 ...