Aerospace Stocks Higher After Boeing Raises 737 Production Rate Again

Aerospace stocks are seeing interest this morning after Boeing (NYSE: BA) announced a second production rate increase on the Next-Generation 737 program, taking the rate from the previously announced 34 airplanes per month to 35 in early 2012.

• BE Aerospace Inc. (Nasdaq: BEAV) +2%
  
• Triumph Group, Inc. (NYSE: TGI) +2.2%
  
• Goodrich Corp. (NYSE: GR) +1.2%
  
• HEICO Corp. (NYSE: HEI) +0.4%
  
• Curtiss-Wright (NYSE: CW) +0.8%
  
• TransDigm (NYSE: TDG) +1.3%
  
• Spirit AeroSystems (NYSE: SPR) +1.6%

Specialty metals company Allegheny Technologies Inc. (NYSE: ATI) is also seeing interest, up 1.8%.

Boeing Co. (NYSE: BA) is up 2.5% on the news.

You May Also Be Interested In

• SEC accuses ex-BofA senior banker Satsky of insider trading - Bloomberg
• Fannie Mae loses at least 10 senior executives amid departures - WSJ
• DOJ, TikTok settle for $400m in children's privacy suit - Axios