“There’s no silver bullet on these fixed-price programs," said CEO Kelly Ortberg. Boeing’s defense unit on Tuesday posted $1.7 billion in charges for the fourth quarter of last ...

While much of the public attention has been on Boeing’s troubled civil aviation unit, the figures revealed the equally precarious state of the defense business, which suffered $1.7 billion in ...

Boeing stated that the results reflect the impact of the IAM work stoppage, charges on certain defense programs, and costs associated with last year’s workforce reductions. Related: Boeing Stock ...

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 ...

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 ...

BEIJING--China’s Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan, on the day of Taiwan’s presidential inauguration.

Although Boeing has shown some improvement under the leadership of its new CEO, Kelly Ortberg, particularly in aircraft production, there are still significant concerns regarding its defense sector.

While much of the public attention has been on Boeing’s troubled civil aviation unit, the figures revealed the equally precarious state of the defense business, which suffered $1.7 billion in charges ...