|Bid||363.1500 x 800|
|Ask||363.3900 x 800|
|Day's Range||358.5500 - 364.5277|
|52 Week Range||254.5000 - 394.2800|
|Beta (3Y Monthly)||1.69|
|PE Ratio (TTM)||22.88|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||6.84 (1.90%)|
|1y Target Est||413.30|
The second half of October will be filled with a couple of rocket launches from Florida's Space Coast. United Launch Alliance LLC will send up its Atlas V rocket from Cape Canaveral Air Force Station's Launch Complex 41 on Oct.
SEATTLE, Oct. 16, 2018 /PRNewswire/ -- Boeing (BA) and Adient (ADNT) today announced their airplane seat joint venture Adient Aerospace is operational after securing regulatory approvals. The companies also appointed Alan Wittman as Chief Executive Officer and named the team that will lead Adient Aerospace in addressing the aviation industry's need for more capacity and quality in airplane seating. Industry analysts forecast the commercial aircraft seating market to grow from approximately $4.5 billion in 2017 to $6 billion by 2026. "Adient Aerospace is now open for business, providing better customer and passenger experience with quality seats," Wittman said.
AMSTERDAM, Oct. 16, 2018 /PRNewswire/ -- At MRO Europe today, Boeing [NYSE: BA] announced service enhancements to its integrated digital solutions portfolio that enable better, faster operational decision-making for customers. "The amount of data coming off an airplane will double in the next twenty years," said Mike Fleming, vice president of Commercial Services for Boeing. Boeing has acquired rights to the Crossmos software product from Frankfurt, Germany-based CrossConsense.
The president of Boeing supplier Esterline Korry Electronics was honored on the same day that Transdigm announced its $4 billion takeover of Esterline Technologies.
Defense has been a hot sector for deals this year with nine transactions announced worth over $40 billion.
With the month now half over, it appears less and less likely that McConnell Air Force Base in Wichita will receive its first KC-46 tanker from the Boeing Co. in October as previously hoped. Boeing (NYSE: BA) last week deferred direct comment on the delivery schedule for the first tanker’s arrival to McConnell to the U.S. Air Force, as the aircraft is now involved in testing for its military type certificate. A spokesperson for the service told the WBJ that it did not have any updates on the certification timeline or first delivery schedule at this time. That leaves just two weeks for the tanker to still obtain its needed military type certificate and arrive in Wichita to meet the October goal. Boeing had reiterated that goal as recently as early last month when it was announced that the aircraft had completed its needed Federal Aviation Administration certifications.
The super-midsize Praetor 600 is expected to enter service in the second quarter of 2019, followed in the third quarter by the midsize Praetor 500. • Bombardier Business Aircraft announced that flight testing on its new Global 5500 and 6500, which is being done in Wichita, is 70 percent complete. Interior completion work on the Global 5500 will be done in Wichita, which, along with the same work on the Global 5000, is expected to create around 100 new jobs for the company locally. • The Boeing Co. (NYSE: BA) announced that it had delivered its first BBJ MAX, a private version of its 737 MAX commercial jet.
The defense contractors agreed to a merger that will form one of the industry’s largest players, a $33.5 billion behemoth to challenge weapons makers such as Raytheon Co. and Northrop Grumman Corp. With product lines spanning communications and electronics, the newly formed L3 Harris Technologies Inc. is poised to capitalize on military spending increases under U.S. President Donald Trump. “This looks to be a special transaction capable of catapulting both companies into the defense big league,” Carter Copeland, an analyst at Melius Research, said in a note Monday.
BBJ MAX offers customers unmatched range and comfort Boeing unveils new BBJ MAX interior design concept ORLANDO , Oct. 15, 2018 /PRNewswire/ -- Boeing Business Jets (BBJ) has delivered the first BBJ MAX ...
On October 9, Honeywell (HON) said in a press release that it would be using its technology to modernize one of Europe’s oldest paper mills, Sappi Austria Produktions-GmbH & Co. KG, located in Gratkorn, Austria. Honeywell upgraded one of the mill’s paper machines to its Experion PMD automation system in 2015. As part of the modernization, Honeywell plans to implement several server virtualization, process visualization, and cybersecurity solutions.
Companies sign MOU to integrate Flightdocs Enterprise platform with Boeing Global Services' offerings from Aviall, Inventory Locator Services and Jeppesen Together, partners will offer enhanced, cloud-based ...
"ALC"], and S7 Airlines celebrated the delivery of the airline's first 737 MAX, via lease from ALC. S7, operated by Globus Airlines, becomes the first Russian airline to fly the new and improved 737 airplane. S7 plans to take 10 more 737 MAX jets over the next few years as part of its strategic plan to strengthen its airplane fleet.
L3 and Harris would combine to form a military communications and defense electronics company with about $16 billion in revenue and a significant presence in Greater Washington.
Embraer SA (EMBR3.SA) is adding two longer-range business jet variants to its mid-sized Legacy line, featuring revamped cabins and technology that reduces turbulence to create smoother flights, the Brazilian plane maker said on Sunday. The launch of the two Praetor models - named after Ancient Roman officials - coincides with the business jet industry's flagship show in Orlando from Oct. 16 to 18 and comes as Embraer pursues a broader strategy to revitalise its loss-making executive jet division. When the Praetor models hit the market in 2019, they will join a fiercely competitive space that includes Bombardier's Challenger 350 (BBDb.TO) and Gulfstream's G280, along with Textron's (TXT.N) upcoming Cessna Citation Longitude.
Embraer SA is adding two longer-range business jet variants to its mid-sized Legacy line, featuring revamped cabins and technology that reduces turbulence to create smoother flights, the Brazilian plane maker said on Sunday. The launch of the two Praetor models - named after Ancient Roman officials - coincides with the business jet industry's flagship show in Orlando from Oct. 16 to 18 and comes as Embraer pursues a broader strategy to revitalize its loss-making executive jet division. When the Praetor models hit the market in 2019, they will join a fiercely competitive space that includes Bombardier's Challenger 350 and Gulfstream's G280, along with Textron's upcoming Cessna Citation Longitude.
U.S. President Donald Trump said on Saturday the United States would be "punishing" itself by halting military sales to Saudi Arabia even if it is proven that Saudi journalist Jamal Khashoggi was killed inside the country's consulate in Istanbul. Turkey's government believes he was deliberately killed inside the building and his body removed. Trump has forged closer ties with Saudi Arabia and is under international and domestic pressure to help determine what happened to Khashoggi and punish Saudi Arabia if investigations show its government had him killed.
President Trump raised eyebrows earlier this year when he announced plans to create a “Space Force,” which would become the sixth branch of the military.
Boeing had signaled at its September investor conference that it expected third-quarter deliveries to be light, a prediction that came true: Commercial plane deliveries numbered 190 versus our jet projection, with 737 deliveries below our forecast by 12. Using the same 12.5 times terminal multiple, our 12-month target price rises by $15, to $437 from a previous $422.
TransDigm (TDG) has spent roughly $660 million on acquisitions in fiscal 2018, which included the acquisitions of Kirkhill and Extant Aerospace.
The U.S. fiscal 2019 defense budget, approved this June, includes an investment plan of $2 billion for procuring Boeing's (BA) 24 F/A-18 jets.