Boeing defense programs to feel the pinch as Seattle-based union votes to strike

Boeing defense programs to feel the pinch as Seattle-based union votes to strike
Boeing defense programs to feel the pinch as Seattle-based union votes to strike

The strike stops production of Boeing’s 737, 767 and 777 jetliners in the Seattle region as well as military derivatives of those aircraft, which include the 737-based P-8 Poseidon maritime aircraft and the 767-based KC-46 tanker.

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Air Force One replacement tops $2B in charges as Boeing logs new losses

Air Force One replacement tops $2B in charges as Boeing logs new losses
Air Force One replacement tops $2B in charges as Boeing logs new losses

“These are disappointing results in the quarter and year to date. This performance is below our expectations and we acknowledge that we aren’t as far along in this recovery as we expected to be at this stage,” said Chief Financial Officer Brian West.

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Boeing CFO signals fresh losses in Q3 for contractor’s defense sector

Boeing CFO signals fresh losses in Q3 for contractor’s defense sector
Boeing CFO signals fresh losses in Q3 for contractor’s defense sector

Boeing Chief Financial Officer Brian West previously warned that it could take several years until the company’s struggling defense sector turns a profit.

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