BA Stock Recent News

Boeing filed a registration statement with the U.S. markets regulator on Tuesday that will allow the planemaker to raise up to $25 billion through an offering of various debt securities and classes of stock.

Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources amid a crippling strike and upcoming debt maturities.

Boeing factory workers will hold a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the troubled planemaker further into financial crisis.

Julie Su is in Seattle to mediate Boeing worker strike to resume negotiations. Boeing's strike began after workers rejected a 25% pay raise, demanding 40% and other benefits instead.

Boeing will cut 17,000 jobs—10% of its global workforce—delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a month-long strike.

Boeing (BA) has released its preliminary third quarter earnings results, projecting a larger-than-expected loss. The aerospace giant also announced plans to cut approximately 17,000 jobs, representing 10% of its workforce.

The Boeing Company BA announced plans to reduce its headcount, following the stock breaking below a key support level. As traders and investors who created the support with their buy orders have either completed their transactions or withdrawn, Boeing's stock is showing signs of further downward pressure.

The world's largest manufacturer of airplanes, The Boeing Co. NYSE: BA, can't seem to catch a break; following Murphy's Law, everything that can go wrong did. In Boeing's case, trouble with the Federal Aviation Administration (FAA) concerning safety compliance and production issues, financial issues threatening a rating agency downgrade, swelling debt of nearly $60 billion and strike negotiations with its 33,000 machinists hitting a dead end.

Boeing (BA) shares fell in early trading Monday after the troubled plane maker announced a slew of cost-cutting measures and billions of dollars of upcoming charges, among the most radical measures by CEO Kelly Ortberg, who took the reins in August.

WASHINGTON , Oct. 14, 2024 /PRNewswire/ -- BAE Systems (LON:BA) is showcasing two Armored Multi-Purpose Vehicle (AMPV) prototypes at AUSA 2024. A new AMPV prototype equipped with a 30mm turret will be featured alongside the AMPV Modular Turreted Mortar System (MTMS), which just completed U.S. Army evaluations at the Yuma Test Center.