Defense, Space & Security said its operating loss in 2024 had deepened to $5.41 billion from $1.76 billion a year earlier. The aviation giant attributed the increase to contract adjustments on its ...

Boeing Co . (NYSE:BA), a titan in the aerospace and defense industry trading at $175.87 with a market capitalization of $131.76 billion, finds itself at a critical juncture as it navigates through a ...

In 2022, China announced sanctions against Ted Colbert, the president and CEO of Boeing Defense, Space and Security. after the company won a $355 million contract to supply Harpoon missiles to Taiwan.

Boeing defense ended 2024 with $4.9 billion in charges, the largest amount since $4.4 billion in 2022. The Arlington, Virginia-based aircraft manufacturer has vowed to avoid fixed-price contracts ...

The latest charges raise Lockheed’s historic losses to $1.4 billion on the classified program in M&FC. All losses reported so ...

Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.

Boeing's CEO laid out priorities for 2025: ramping production up safely, generating cash, integrating Spirit back into Boeing ...

and beg the question about whether Boeing can do anything to terminate/offload these contracts,” said analysts at TD Cowen in ...

NEW YORK: Boeing reported a hefty fourth-quarter loss Tuesday following a bruising 2024 that included a lengthy labor strike, ...

Julie Johnsson | Bloomberg — Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for Chief Executive Officer Kelly Ortberg as he tries to stabilize ...

He said he is looking at non-core segments to sell, likely from Boeing's defense, space and services divisions. Boeing's commercial airplanes business is already streamlined, he said. For now ...

Ortberg said in the interview he is considering non-core segments to sell, likely from Boeing's defense, space and services division. “This is not going to be a major restructuring of the Boeing ...