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Pentagon Adds $13.4 Billion to Boeing (BA) Contract. That Isn’t an Immediate Financial Windfall
Insider Monkey9d agobearish
Pentagon Adds $13.4 Billion to Boeing (BA) Contract. That Isn’t an Immediate Financial Windfall

The Pentagon has expanded the potential value of Boeing’s KC-46 Pegasus Combat Capability contract by $13.4 billion. That more than triples the contract’s ceiling from $5.7 billion to $19.1 billion. The Pentagon has also expanded the agreement to include Foreign Military Sales (FMS). But that headline figure requires some context. No funds were obligated at the […]

Boeing (BA) and RTX (RTX) Gain From Pentagon Missile Buildup, But Is the Upside Priced In?
Insider Monkey9d agobearish
Boeing (BA) and RTX (RTX) Gain From Pentagon Missile Buildup, But Is the Upside Priced In?

On August 14, the Pentagon announced framework agreements with The Boeing Company (NYSE:BA) and RTX Corporation (NYSE:RTX) to increase component production for the SM-3 Block IIA and SM-3 Block IB interceptors. Both agreements are intended to increase the output of a group of ship-fired, surface-to-air interceptors that serve as the foundation for the Aegis Ballistic […]

2 Reasons to Like BA and 1 to Stay Skeptical
StockStory9d agoneutral
2 Reasons to Like BA and 1 to Stay Skeptical

Boeing has been treading water for the past six months, recording a small loss of 1.5% while holding steady at $210.29. The stock also fell short of the S&P 500’s 14.2% gain during that period.

Surging Oil Prices Singe GE Aerospace
The Wall Street Journal9d agoneutral
Surging Oil Prices Singe GE Aerospace

Soaring oil prices are hurting shares of once high-flying aviation suppliers, with engine maker GE Aerospace suffering the brunt of the selloff. Its shares were down about 3% midday at $308.50, extending a nearly weeklong slump for the manufacturer.

Why Is Boeing Stock Falling While Revenue Soars Past Peers?
Trefis9d agobullish
Why Is Boeing Stock Falling While Revenue Soars Past Peers?

Boeing (BA) grew revenue faster over the past twelve months than any of its aerospace and defense peers, GE Aerospace included, and its stock still fell. It is also the only one in that group running an operating loss. The growth has come with rising airplane deliveries, and the market is waiting to see whether those airplanes earn a margin.

What Has To Go Right For GE Stock To Keep Climbing?
Trefis9d agoneutral
What Has To Go Right For GE Stock To Keep Climbing?

GE Aerospace (GE) trades near $318, up 13.4% over the past twelve months. Behind that price sits a commercial services backlog of roughly $170 billion, work on engines already flying. The easy read is that the good news is in the price, and the coming three years just work that backlog off. A three-year scenario on the company's own numbers puts a size on what is left.

Should You Buy Joby Stock For The Flights It Already Sells?
Trefis9d agoneutral
Should You Buy Joby Stock For The Flights It Already Sells?

Joby Aviation (JOBY) stock has lost about 54% over the past twelve months, and trades about 68% below its 52-week high. Its electric air taxi is still in the final stage of type certification. But the part of the company that could re-rate the stock first is already carrying paying passengers.

If It Delivers Profit, Boeing (BA)’s Defense Franchise Can Buffer Its Commercial Recovery
Insider Monkey12d agoneutral
If It Delivers Profit, Boeing (BA)’s Defense Franchise Can Buffer Its Commercial Recovery

Boeing Co (NYSE:BA) won a $241.3 million sole-source contract from the U.S. Navy on September 4. The award covers repairs to flight-control surfaces for F/A-18E/F Super Hornets and EA-18G Growlers. The work extends through September 2032. The latest Navy contract highlights a key advantage as Boeing works through its commercial aircraft recovery. It’s the company’s […]

Amazon’s Aviation Network Faces a Sobering Test after the Miami Crash
Insider Monkey14d agobearish
Amazon’s Aviation Network Faces a Sobering Test after the Miami Crash

A fatal accident involving an aircraft operating for Amazon.com, Inc.’s (NASDAQ:AMZN) Prime Air network has placed the company’s cargo operations under renewed attention. At least five people died after Prime Air Flight 7598 overran a runway while landing at Miami International Airport on Sunday and struck several vehicles on the ground. Five other people were […]