Stifel Reiterates Buy Rating on Boeing (BA)

Boeing gains after in-line deliveries in July

August 13, 2024 2:03 PM EDT

Investing.com -- Boeing climbed Tuesday after delivering 43 aircraft in July, that was in-line with expectations, supported by a "burst of activity" at last month's Farnborough Airshow, analysts at TD Securities said in a note. 

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Boeing delivers 43 jets in July, flat year-on-year

August 13, 2024 11:05 AM EDT

By Allison Lampert

(Reuters) - Boeing said on Tuesday it delivered 43 commercial jets in July, unchanged from the same month a year earlier when it faced supply chain hurdles, as the U.S. planemaker works to grow aircraft production under new CEO Kelly Ortberg.

The company has pledged to grow output by the end of the year, after wrestling with supply chain snags and operating a slower assembly... More

Poland Signs LOA for 96 Boeing (BA) AH-64E Apache Helicopters

August 13, 2024 11:04 AM EDT

The Government of Poland has signed a Foreign Military Sales (FMS) Letter of Offer and Acceptance (LOA) for 96 Boeing (NYSE: BA) AH-64E Apache combat helicopters, as part of the Polish KRUK Attack Helicopter program.

We are honored the Government of Poland has placed their confidence in us, said Vince Logsdon, vice president, International Business Development for Boeing Defense, Space & Security. The AH-64E Apache helicopters will strengthen Polands operational... More

Boeing (BA) Booked 72 Jetliner Gross Orders in July

August 13, 2024 11:02 AM EDT

Boeing (NYSE: BA) Booked 72 Jetliner Gross Orders in July

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Bernstein SocGen Group Reiterates Outperform Rating on Boeing (BA)

August 13, 2024 5:53 AM EDT

Bernstein SocGen Group analyst Douglas Harned reiterated an Outperform rating and $207.00 price target on Boeing (NYSE: BA)

The analyst comments "There were many reports about the choice of Boeings next CEO. The boards decision was announced July 31 with Q2 earnings. We heard many calls for an outsider to drive cultural change. While cultural change is important, being an outsider (Ortberg is far from the first) has... More

Boeing stock: Six steps that new CEO Kelly Ortberg needs to take

August 12, 2024 7:00 PM EDT

Aerospace giant Boeing (NYSE: BA) appointed Kelly Ortberg as its new CEO last week, succeeding Dave Calhoun after more than four years.

With a background as the former CEO of Rockwell Collins and experience within Raytheon Technologies (NYSE: RTX), Ortberg is no stranger to complex leadership positions. However, the scale and depth of the issues at Boeing, spanning both its Commercial Airplanes (BCA) and Defense, Space & Security (BDS) divisions, present a new level of difficulty.

According to Bernstein analysts, there are six key steps Ortberg must... More