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.

Boeing defense unit logs over $500M in losses for Q2, though KC-46 deliveries resume

Boeing defense unit logs over $500M in losses for Q2, though KC-46 deliveries resume
Boeing defense unit logs over $500M in losses for Q2, though KC-46 deliveries resume

The aerospace giant’s defense and space division recorded new charges for NASA’s Starliner shuttle, the Air Force’s T-7A training jet and the Navy’s MQ-25 Stingray drone.

Boeing CEO Out; Systemic Problems May Remain

Boeing CEO Out; Systemic Problems May Remain
Boeing CEO Out; Systemic Problems May Remain

Boeing’s military programs have been affected by “under-prioritizing engineering resources,” says Teal Group’s Richard Aboulafia.