He had a loss in one year of a billion dollars
The IRS limits the amount you can write off in any given year. So you are allowed to take he maximum allowable loss deduction in following years, Since the loss was so large, it took him many years to use it up.
The Boeing Co., St. Louis, Missouri, has been awarded a maximum $52,000,000 undefinitized contractual action firm-fixed-priced delivery order against a five-year basic ordering agreement for aircraft access doors for the F/A-18 aircraft.
The Boeing Co., Seattle, Washington, has been awarded a $2,814,816,489 contract action modification (P00099) to previously awarded contract FA8625-11-C-6600 for the acquisition of low-rate initial production (LRIP) aircraft Lots 1 and 2. As authorized by the KC-46 Milestone C acquisition decision memorandum dated Aug. 12, 2016, this contract modification obligates funding for pre-priced options for seven Lot 1 LRIP aircraft, two Lot 1 LRIP spare engines, and five Lot 1 LRIP wing refueling pod kits.
The Boeing Co., St. Louis, Missouri, has been awarded a $254,204,369 indefinite-delivery/indefinite–quantity, cost-plus-fixed-fee contract for the purchase of F-15 C/E full-scale fatigue test services.
The Boeing Co., Seattle, Washington, is being awarded a $68,409,026 modification to a previously awarded advance acquisition contract (N00019-14-C-0067). This modification provides for long-lead parts and efforts associated with the manufacture of two full-rate production 4 Lot 8 P-8A Multi-mission Maritime Aircraft.
Bell-Boeing Joint Program Office, California, Maryland, is being awarded a $62,673,124 one year, indefinite-delivery/indefinite-quantity contract for the repair of various parts on the V-22 aircraft.
WASHINGTON, Aug 12 (Reuters) - Boeing Co's KC-46A refueling plane has been approved for production, with work underway for the first two low-rate initial production lots to be awarded in the next 30 days, the U.S. Air Force said on Friday. "The KC-46 program has made significant strides in moving the Air Force toward the modernization needed in our strategic tanker fleet," Air Force Secretary Deborah Lee James said in a statement announcing the approval. The Air Force added it would soon award Boeing contracts for the first two batches, 19 aircraft in total, with a pre-negotiated combined value of $2.8 billion.
Boeing Co., Seattle, Washington, has been awarded a $22,598,000.00 contract action modification to a previously awarded contract to account for the impact of The Pension Protection Act of 2006; Moving Ahead for Progress in the 21st Century Act; the Highway and Transportation Funding Act of 2014; and the Bipartisan Budget Act of 2015, as identified in accordance with the terms of the settlement agreement: The Boeing Company Request For Equitable Adjustment And Claim For Pension Protection Act Cost Impact, Amendment 01, dated July 5, 2016. This modification funds a portion of the equitable adjustment for costs incurred related to engineering and manufacturing development.
The Boeing Co., St. Louis, Missouri, is being awarded $18,361,373 for cost-plus-fixed-fee modification against a previously issued basic ordering agreement for additional production engineering support for the installation and integration of systems required for the F/A-18 E/F and EA-18G. This effort also includes Electromagnetic Aircraft Launch System follow-on test and evaluation support.
$1.3 billion in contract orders.
The Boeing Co., St. Louis, Missouri, has been awarded a maximum $640,100,000 undefinitized contractual action delivery order (TH05) against a five-year base contract with one five-year option period for spare parts used in F/A-18 aircraft.
The Boeing Co., St. Louis, Missouri, has been awarded a maximum $220,960,323 firm-fixed-price delivery order (5023) against a five-year base contract with one five-year option period for spare parts used in F/A-18 aircraft.
The Boeing Co., St. Louis, Missouri, has been awarded a maximum $123,222,564 firm-fixed-price delivery order (5025) against a five-year base contract with one five-year option period for spare parts used in F/A-18 aircraft.
The Boeing Co., St. Louis, Missouri, has been awarded a maximum $25,000,000 undefinitized contractual action delivery order (TH06) against a five-year base contract with one five-year option period for spare parts used in F/A-18 aircraft
The Boeing Co., St. Louis, Missouri, is being awarded $254,496,449 for firm-fixed-ceiling-priced delivery order 0049 under a previously awarded basic ordering agreement (N00383-11-G-001H) for repair of aircraft flight control surfaces in support of the F/A-18 E/F and EA-18G aircrafts.
The Boeing Co., St. Louis, Missouri, is being awarded $10,226,920 for firm-fixed-price delivery order 0007 against a previously issued basic ordering agreement for the procurement of Distributed Targeting System (DTS) A-kits and Operational Test Program sets for F/A-18E/F and EA-18G aircraft for the Navy and the government of Australia.
The Boeing Co., St. Louis, Missouri, is being awarded $12,053,076 for cost-plus-fixed-fee, delivery order for non-recurring design and development engineering for an engineering change proposal for the “Navy Flight Demonstration Squadron (Blue Angels) Super Hornet Conversion.”
Hooz, I suspect the one factor that will sink Hitlary is the overwhelming number of independents who will vote for Trump and are not being influenced by the DNC or the dump trump republicans. They outnumber both Democrats and Republicans these days.
Bell Boeing Joint Project Office, Amarillo, Texas, is being awarded $9,561,182 for modification to a previously awarded firm-fixed-price contract for the procurement of one MV-22 Tiltrotor Containerized Flight Training Device for the government of Japan
Customers announced orders and commitments for a total of 182 Boeing commercial airplanes, valued at $26.8 billion. Customers also announced commercial services agreements valued at multiple billion dollars over the life of the contracts. Airbus Group SE announced $35 billion in plane deals at the Farnborough Air Show driven by an order from budget carrier AirAsia Bhd, which bought 100 A321neo valued at more than $12 billion. Without that order, Boeing would have taken the lead. AirAsia has a fleet of Airbus planes and was able to negotiate a very large discount to list price. They are based in Malaysia.
Brexit and Iran are not an issue at this time. Britain has plenty of pound sterling to pay for planes (P-8 and choppers) Middle east and china and US are the major customers. And airbus delivery problems will drive more demand from Europe.
Last quarter they took their eye off the ball on delivery numbers. It should not be happening this quarter. Farnsworth should not be a distraction to meeting their delivery commitments. If it is, there is a significant organizational problem they need to solve fast. This would not have happened under the previous leadership.