|Bid||3,442.00 x 11000|
|Ask||3,459.56 x 73500|
|Day's Range||3,450.00 - 3,450.00|
|52 Week Range||2,302.37 - 3,678.65|
|PE Ratio (TTM)||425.09|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A Northwest aerospace company has bought six Boeing Co. 737 passenger jets from Southwest Airlines to convert them into aerial firefighting tankers. It appears to be the first time that Boeing's single-aisle workhorse will be enlisted to fight wildfires from above, dumping 4,000 gallons of fire retardant chemicals at low speed and low altitude. Coulson Group CEO Wayne Coulson says the converted Boeing 737-300 jets will dump up to 2,100 gallons per second using systems the company originally developed for its fleet of four Lockheed C-130 Hercules cargo aircraft.
As North Korea increased its ballistic missile test firings in April and May, the U.S. Missile Defense Agency awarded Boeing a $58.6 million contract to demonstrate a new generation of technology to intercept and destroy multiple missiles should they be fired simultaneously at United States. Boeing said the government gave it a 35-month contract to further its work on what the missile defense agency calls Multi-Object Kill Vehicle (MOKV) technology. The U.S. Department of Defense awarded the contract May 12, Chicago-based Boeing (BA) said in a news release.
The Pentagon said it has been in touch with producers of a "Top Gun" sequel and analysts speculate that Boeing's Super Hornet will likely be the star.