Boeing Company BA

Bargaining Unit Councils are currently recommending a “yes” vote on the aerospace giant’s final contract offer.

Ethiopian Airlines has ordered Boeing 777 freighters to expand its fleet in the short term and will receive eight 777-8 freighters next decade, once the new type enters production. (Photo: Ethiopian Airlines) The post Ethiopian Airlines to buy 10 777 freighters from Boeing appeared first on FreightWaves.

Moderna falls after Citi downgrades shares to Sell from Hold, saying its recent rally has gone too far.

It’s a nice win for the company, but it won’t give shares the boost investors want—that will take improvement in the company’s commercial airplanes business—but a win is a win. “It’s an honor to be selected to produce the Navy’s first sixth–generation platform,” said Steve Parker, president and chief executive officer, Boeing Defense, Space & Security, in a news release. Boeing was up against Northrop Grumman in the Navy competition.

Boeing (NYSE: BA) and Ethiopian Airlines today announced the African carrier has ordered eight 777-8 Freighters and two 777 Freighters. The airline will pair the proven performance of the 777 Freighter with the next generation 777X capabilities of the new 777-8 Freighter to expand its Boeing freighter fleet.

Boeing on Tuesday won another significant DOD contract. The Navy selected Boeing to produce the sixth-gen F/A-XX fighter.

JPMorgan maintained an 'Overweight' rating and $290 price target on BA stock, calling the Navy fighter win 'truly important' while pointing to commercial production and cash flow per plane as longer-term financial metrics.

Boeing Co (NYSE:BA, XETRA:BCO) has been awarded a multi-billion-dollar US Navy contract to produce the F/A-XX, the service's first sixth-generation platform. The fighter is intended to replace the Navy's fleet of F/A-18 Super Hornets and is expected to advance open mission systems...

Boeing’s defense segment secured a key win for the aircraft maker.

Boeing shares jumped while Northrop Grumman fell after the aerospace giant secured a massive U.S. Navy fighter contract.

Here's the market action in the first few minutes of trading.

Boeing stock jumped on Wednesday after scoring a $20 billion contract for the Navy's next-generation fighter jet.

Key Stats for GE Aerospace StockCurrent Price: $317. 89Target Price (Mid): ~$540Street Target: ~$397Potential Total Return: ~70%What Happened?GE Aerospace (GE:NYSE) closed at $317.