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February 6, 2014
06:47 EDTBABoeing sees rough headwinds for defense business, Reuters says
Boeing sees "flatish" profit margins for defense business due to the recent extension of "sequestration", reports Reuters. The company's announcements at the upcoming Singapore airshow will not be at levels of orders announced in November, the report adds. Reference Link
News For BA From The Last 14 Days
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September 16, 2014
16:30 EDTBANASA awards Boeing $4.2B contract for commercial space flight to ISS
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16:15 EDTBANASA picks Boeing, SpaceX to transport U.S. astronauts to ISS
NASA has partnered with Boeing and SpaceX to transport U.S. astronauts to the International Space Station, or ISS. NASA says that the partnership, "promises to give more people the opportunity to experience the exhilaration of spaceflight." Comments come from NASA's Twitter page. Reference Link
11:57 EDTBAPentagon to most likely approve Musk's Falcon rockets, WSJ says
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06:44 EDTBABoeing may beat out SpaceX for NASA contract to ferry astronauts, WSJ says
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06:34 EDTBABoeing, Lockheed ally with Amazon CEO on rocket engine, Reuters says
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September 15, 2014
17:40 EDTBABoeing awarded $130M government contract modification
Boeing Company, Mesa, Arizona, was awarded a $130M modification to fixed-price incentive, full rate production contract W58RGZ-12-C-0055; the cumulative total of the contract, before this modification, was $1.16B. This is an undefinitized contract action to build seven new Apache AH-64E helicopters. FY13 and FY14 other funds in the amount of $19.2M were obligated at the time of the award. Work will be performed in Mesa, Arizona, with an estimated completion date of March 31, 2017.
17:28 EDTBABoeing awarded $293.2M government contract modification
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07:42 EDTBAMorgan Stanley to hold a conference
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07:22 EDTBAAir Force Association to hold a conference
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September 11, 2014
09:01 EDTBAAlcoa signs multiyear supply contract with Boeing valued at over $1B
Alcoa (AA) has signed a long-term contract to supply aluminum sheet and plate products to Boeing (BA). The multiyear contract, valued at more than $1B, is the largest ever between the two companies. Notably, the agreement makes Alcoa sole supplier to Boeing for wing skins on all of its metallic structure airplanes. Alcoa plate products, used in applications such as wing ribs, wing skins or other structural parts of the aircraft, will also be on every Boeing platform, including the 787 Dreamliner. Finally, the agreement establishes a foundation for continued collaboration on new, high-strength and corrosion-resistant alloys, including aluminum-lithium that could be used for complex structural applications.
September 10, 2014
09:14 EDTBABoeing receives first order for 502 Phoenix small satellite
Boeing received its first commercial order for the 502 Phoenix small satellite from HySpecIQ of Washington, D.C. The satellites will carry the commercial remote sensing industry’s first hyperspectral payload, capable of providing spectral imaging fidelity. Boeing will deliver a complete satellite system initially consisting of two satellites, available for launch in 2018, command and control operations, image processing, and data storage of collected imagery. The contract includes options for long-term operations and maintenance.
September 9, 2014
09:37 EDTBABoeing announces agreement with GA Telesis
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06:17 EDTBABoeing up against pressure to boost 737 production rate, Reuters says
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September 8, 2014
16:18 EDTBAOn The Fly: Closing Wrap
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12:18 EDTBAOn The Fly: Midday Wrap
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09:35 EDTBARyanair places order for up to 200 Boeing 737 MAX
Ryanair (RYAAY) confirmed an agreement with Boeing (BA) to purchase up to 200 new Boeing 737 MAX 200 aircraft, including 100 firm orders and 100 options. When finalized and all options exercised, this deal will be worth over $22B at current list prices, Ryanair stated, adding that it becomes the lead customer for this new aircraft, which for Ryanair will feature 197 seats and new CFM LEAP-1B engines.
09:33 EDTBARyanair places order for up to 200 Boeing 737 Max
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06:47 EDTBARyanair to possibly place $10B Boeing order, Reuters says
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September 7, 2014
15:29 EDTBABoeing, Ryanair set to make significant fleet announcement, Reuters says
Boeing (BA) CEO Ray Conner and Ryanair (RYAAY) CEO Michael O'Leary are set to announce on Monday a significant purchase by Ryanair of Boeing 737 MAX 8 jetliners, says Reuters. With this order, Boeing will further cement its lead over rival Airbus Group (EADSY) in the order tally so far this year, added Reuters. Reference Link
September 6, 2014
16:51 EDTBABoeing shares could climb 20%
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