|Bid||341.39 x 100|
|Ask||341.58 x 100|
|Day's Range||338.33 - 344.88|
|52 Week Range||175.47 - 371.60|
|PE Ratio (TTM)||25.45|
|Forward Dividend & Yield||6.84 (2.06%)|
|1y Target Est||N/A|
Boeing Co. ( BA) has secured a $427 million contract from the Pentagon's Defense Logistics Agency to provide parts to the U.S. Navy and Marine Corps for maintaining F/A-18 Hornets. The five-year contract is an extension of a current contract called the DLA/Boeing Captains of Industry program and has an option for an additional five years. "Through this contract we will improve material availability and resolve technical issues quickly to alleviate long lead times on parts, helping our customers to reduce cycle times on aircraft maintenance,” said Rick Robinson, director of Boeing Global Supply Chain Services, in a statement.
Lockheed Martin Corp. will remain the sole producer of Global Positioning System satellites after two main rivals—Boeing and Northrop Grumman—decided against bidding, reflecting new Air Force acquisition ...
The Dow Jones Industrial Average on Thursday was being propelled higher by a rally in shares of Visa Inc., and Home Depot, helping to more than offset declines in the benchmark's most influential component: ...
The stage is set for the top 2018 CNBC Stock Draft picks on CNBC's "Power Lunch."
WASHINGTON—Demand for long-lasting U.S. factory goods rose in March due to increased aircraft orders, but an underlying proxy for business investment fell for the second time in three months. Orders for durable goods—manufactured products intended to last at least three years, such as stoves and industrial robots—increased a seasonally adjusted 2.6% in March from the prior month, the Commerce Department said Thursday. Meanwhile, a business-investment gauge, new orders for nondefense capital goods excluding aircraft, declined 0.1% in March from the prior month.
Company confirms plan to move the rate past the previously announced target of 60 aircraft per month by the middle of next year.
Raytheon's (RTN) first-quarter revenues of $6,267 million witnessed 4.5% year-over-year growth. The reported number also surpassed the Zacks Consensus Estimate of $6,173.2 million by 1.5%.
The Dow and S&P 500 bounced back on Wednesday, ending its five-day losing streak on robust corporate earnings that somewhat eclipsed fears of rising U.S. bond yields
Boeing's impressive earnings beat in the first quarter reflects the performance of an enterprise that is firing on all cylinders. Each of Boeing's major business units reported gains in revenue and earnings over 2017, and 2017 was a record year for the company. Furthermore, all of Boeing's addressable markets are forecast to grow in the years ahead, suggesting that the good times are going to last for quite a while.
Many of you retired or income investors already own blue-chip stocks in your portfolio and collect a dividend. Covered calls involve selling the right for another investor to buy that stock from you at a given price (strike price), on or before a given day (expiration date). The idea is to sell covered calls if you believe the given stock will not trade above the strike price before expiration.
3M (MMM) reported revenues of $8.3 billion in 1Q18, an increase of 7.7% on a year-over-year basis compared to $7.7 billion in 1Q17. The posted revenues managed to beat Wall Street analysts’ estimate of $8.3 billion and represented a compound annual growth rate (or CAGR) of 1.6% for the first quarter since 2013. The increase in 3M’s revenue growth was primarily driven by strong currency gains, organic volume growth, and acquisitions.
Core capital goods orders fall for the third time in four monthsReutersOrders for durable goods - stuff designed to last at least three years - rose 2.6% in March on the strength of large batch of Boeing contracts. The numbers: Orders for long-lasting or “durable” goods jumped 2.6% in March, riding a big increase in contracts for Boeing planes. Economists surveyed by MarketWatch had forecast a 2.5% increase in orders for durable goods — products made to last at least three years.
The U.S. Marine Corps is on track to declare an initial four CH-53K heavy-lift helicopters, built by Lockheed Martin Corp's Sikorsky unit, ready for combat use as planned in December 2019, senior Marine Corps officials said on Thursday. Colonel Hank Vanderborght, who manages the CH-53K programme for the U.S. military branch, told reporters at the ILA Berlin Air Show the new aircraft was performing well in testing, and "many, many" routine technical issues that emerged during development had been solved. The current plan called for the Marines to carry out an operational evaluation after testing ends in December 2019 that will pave the way for a declaration of "initial operational capability".
Boeing Co. is enhancing software on current and future 787 jetliners to prevent electrical spikes generated by lightning storms from potentially disabling cockpit instruments. The moves were initially prompted by an incident years ago when three of five primary cockpit displays on a United Airlines 787 Dreamliner suddenly stopped functioning after the plane was hit by lightning. The incident surprised regulators and company safety experts alike, as such equipment failures were considered extremely improbable on such models.
Boeing Co. aims to have a new facility in China ready to complete some of its 737 jets by the end of this year, a sign that the aerospace giant is taking trade tensions in stride. Chief Executive Dennis Muilenburg said Wednesday that construction is under way on a finishing center near Shanghai that Boeing has said it needs to compete with rival Airbus SE, which already builds jets in China. The new guidance signals Boeing is working through challenges in the broader aerospace supply chain related to engines and other plane parts as it and Airbus—which reports Friday—boost jetliner production.
rose on Wednesday, April 25, after the aircraft manufacturing company reported better-than-expected quarterly earnings and raised full-year guidance for three key financial metrics. The strong quarterly results, in combination with a positive market outlook, led Boeing to raise its full-year outlook. Boeing was, of course, the darling of Wall Street in 2017 as the company soared to all-time highs.
The Central Washington University Foundation said Boeing's donation is one of largest it's ever received. It follows a separate six-digit gift by Ray Conner and his wife, Katie Conner. The cash will provide scholarships to support students in the Highline Public Schools.
Boeing (BA.N) has found new homes for jets it hoped to deliver to Iran this year, further clouding the prospect of quick deliveries as U.S. President Donald Trump considers whether to withdraw from a pact to remove nuclear-related sanctions. The head of the U.S. planemaker also signaled on Wednesday that Boeing is no longer as concerned as it once was that a collapse of the deal could force it to cut production of the 777 jetliner, threatening hundreds of jobs, due to a pickup in demand. "We have no Iranian deliveries that are scheduled or part of the (production) skyline this year, so those have been deferred in line with the U.S. government process," Boeing Chief Executive Dennis Muilenburg said in a conference call.
Speaking after the results, Chief Executive Officer Dennis Muilenburg also played down concerns expressed by fellow U.S. manufacturing export giant Caterpillar (CAT.N) about rising materials costs, which could squeeze profit margins. Boeing's core earnings, which exclude certain pension costs, jumped to $3.64 per share from $2.17 a year earlier, dwarfing a consensus forecast of $2.58 per share. "We're not seeing anything there (in costs) that's a material effect right now," Muilenburg said.
China has some options with regard to its purchases from Boeing if the trade spat widens with the U.S., but little slack remains on the supply side in the near term with manufacturers "running at full capacity," says Ken Herbert of Canaccord Genuity.