Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs.
The reduction in orders can be attributed to the uncertain production schedule that Boeing has and that makes it less appealing to order airplanes. The deliveries were heavily impacted by the ...
It delivered up to 146 fighter jets (including F-16s), while Boeing delivered just 25. Meanwhile, Northrop Grumman is moving more into producing more unmanned systems (the only manned combat aircraft ...
Boeing lost $3.46 per share in the fourth quarter - equating to a total loss of about $4 billion based on its number of outstanding shares - amid a painful machinists' strike that forced a production ...