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Recently, Zacks.com users have been paying close attention to Boeing (BA). This makes it worthwhile to examine what the stock has in store.
Lockheed Martin stock was down early Thursday after catching a downgrade, but now all that much, suggesting that the damage from the company's loss to Boeing on the Air Force's F-47 program looks done. Unfortunately, it has another, perhaps larger issue.
Boeing secured a $20 billion defense contract and billions in commercial aircraft orders. The company is recovering from a tough 2024 with improved production and stock performance.
Boeing (BA -2.33%) has become a battleground among investors and Wall Street analysts. That point hit home recently when a Wells Fargo analyst maintained an underweight rating on the stock and slapped it with a $113 price target, while a Citi analyst reiterated a buy and a $210 target.
The acting head of the Federal Aviation Administration will tell a U.S. Senate subcommittee on Thursday the agency plans to hire 2,000 air traffic controller trainees this year and maintain strict oversight of Boeing.
The U.S. Space Force said on Wednesday it has cleared Boeing and Lockheed Martin's Vulcan rocket to launch national security satellites for the United States.
Boeing (BA) and the U.S. Department of Justice are set to go to trial this summer after a Texas judge scrapped an April 11 deadline for the sides to present a revised plea deal.
On March 21, Boeing (BA 0.99%) stock closed 3.1% higher while Lockheed Martin (LMT 1.69%) tumbled 5.8%. The movements resulted from Boeing winning a contract from the Department of Defense for its new warfighter aircraft program -- a contract that Lockheed was the favorite to win.
US District Judge Reed O'Connor had previously given Boeing and DOJ until April 11 to come to an agreement on a new plea deal after he rejected the prior deal, faulting a diversity and inclusion provision.
A U.S. judge on Tuesday set a June 23 trial date in the Justice Department's criminal fraud case against Boeing stemming from the planemaker's alleged misrepresentations to U.S. regulators about a key system on the 737 MAX.