The Boeing Company (BA) recently clinched a contract for the production of the F-15 Eagle Passive Active Warning Survivability System (“EPAWSS”). The deal is expected to be completed by Dec. 31, 2030.Details of the DealValued at $615.8 million, the contract has been awarded by the Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, OH. Per the terms, Boeing will provide Group A and B kits, system engineering program management and interim contractor support lay-in material. The work rel ...

Boeing's Current Challenges - Boeing's share price fell 31% in 2024, making it the worst performer on the Dow Jones Industrial Average [3] - The company faced scrutiny after a door plug came off an Alaska Airlines 737 Max in midair in January 2024 [3] - A seven-week strike further limited aircraft production, compounding Boeing's problems [3] Historical Context and Recent Developments - Boeing last announced a new plane model over 20 years ago, the 787 Dreamliner, which entered commercial service in 2011 [4] - Since then, Boeing has focused on updating previous models, such as the 737 Max, which has faced significant issues [5] - The 737 Max suffered two crashes in 2018 and 2019, resulting in 346 deaths, partly due to issues with the MCAS software [5] Industry Competition and Future Plans - The 737 Max program was reportedly hurried to compete with Airbus' A320neo, which broke records at the 2011 Paris Air Show [6] - Boeing's next plane, the 777X, a modernized version of the 777, has faced certification delays, with its entry into service pushed back to 2026 [7] Call for Innovation and Morale Boost - Former Boeing CEO Phil Condit has called for the company to start designing a new plane as soon as possible to change its fortunes [1] - Condit emphasized that working on a new plane could boost employee morale, as people come to work because they care about what they are doing [2][8] - The resolution of the recent strike included a commitment that Boeing's next commercial airplane would be built in the Seattle area if a new program is launched during the term of the agreement [3]

Transportation Secretary Pete Buttigieg shared his thoughts on Boeing."What we really need to see is a pretty profound culture change," he told Bloomberg.He also said he hopes the next administration will prioritize Boeing's progress.Boeing has more work ahead to change its culture, Pete Buttigieg, the outgoing transportation secretary, said in two Monday interviews.AD "What we really need to see is a pretty profound culture change that will be ultimately proven out by the results, and that's results over ...

The Boeing Company logo appears on a smartphone screen in this illustration photo in Reno, United ... [+] States, on December 30, 2024. (Photo by Jaque Silva/NurPhoto via Getty Images)NurPhoto via Getty ImagesBoeing stock (NYSE: BA) had a tough 2024. BA stock lost about 32% over the year, underperforming the broader S&P 500 index, which gained 23% for the year. While other aerospace stocks have done well, with GE stock rising 65% and Airbus ADR up 5%, Boeing has itself to blame for the headwinds it faced la ...

Boeing's Current Situation - Boeing is undergoing a rebuilding year following safety and quality concerns, particularly after a midair incident involving a 737 Max 9 operated by Alaska Airlines [1][2] - The company's stock price has declined by over 30% in the past 12 months, while the S&P 500 has risen nearly 27% [3] - Boeing has not posted an annual profit since 2018, with cumulative losses exceeding $30 billion since 2019 [6][7] Safety and Quality Issues - A preliminary NTSB report found that key bolts were missing from the 737 Max 9 involved in the Alaska Airlines incident, further damaging Boeing's reputation [3] - The company has implemented random quality audits and reduced defects in 737 fuselages produced by Spirit AeroSystems, which Boeing is acquiring [4] - The FAA has increased oversight of Boeing, capping 737 Max production and emphasizing the need for a cultural shift prioritizing safety over profits [5] Leadership and Workforce Changes - Boeing appointed Kelly Ortberg as its new CEO in August 2024, replacing Dave Calhoun [8] - The company faced a nearly two-month strike by machinists, which ended with a new labor deal including 38% raises but no pension reinstatement [8][9] - Boeing plans to cut 10% of its workforce, approximately 17,000 employees, as part of a focus on core businesses and portfolio review [10] Production and Delivery Challenges - The machinists' strike idled production of most Boeing jets, though factories have resumed output in recent weeks [9] - Boeing is focusing on stabilizing production to meet airline demand, while Airbus continues to lead in delivery volumes [9] - The company has faced delivery delays across multiple aircraft models, including the 737 Max, 787 Dreamliner, and Air Force One 747s [7] Financial and Strategic Moves - Boeing raised billions in funding during fall 2024 to address its ongoing crisis [10] - The new CEO emphasized the need to focus on doing fewer things better rather than expanding operations [10] - Ortberg has received praise from airline executives for his hands-on approach and understanding of Boeing's challenges [11][12]

国家广播电视总局办公厅发布关于实施"微短剧+"行动计划赋能千行百业的通知，其中提出，2025年， 广电总局将深入组织实施"跟着微短剧去旅行"创作计划，继续推进"跟着微短剧来学法""微短剧里看品 牌"创作计划，启动"跟着微短剧学经典""跟着微短剧来科普""微短剧里看非遗"等创作计划，实现在细 分领域，共推出300部左右具有引领作用和创新价值的重点微短剧，打造一批思想精深、艺术精湛、制 作精良的优质微短剧。 济南：二套房公积金贷款首付比例降低至20%，可贷额度提高至余额25倍 1月4日，济南公积金发布进一步优化住房公积金政策有关事项通知，调整了公积金贷款最低首付比例、 可贷额度等多项政策。其中，缴存职工购买二套自住住房申请住房公积金贷款的，最低首付比例由30% 调整为20%。住房公积金贷款额度计算由账户余额15倍提高至25倍；借款人按贷款额度计算方法计算的 可贷款额度不足20万元的，可贷款20万元。 特朗普对就职时美国仍"降半旗"表示不满 据新华社报道，美国候任总统特朗普3日在社交媒体上发文，对1月20日总统就职典礼当天美国国旗仍继 续因前总统吉米·卡特逝世而处于降半旗状态表示不满。被问及特朗普这一表态时，白宫新 ...

Executive Appointment - Boeing announced Dana Deasy as the new Chief Information Digital Officer and Senior Vice President of Information Technology & Data Analytics, effective December 31, 2024 [1] - Deasy will oversee information technology, information security, and data analytics, reporting directly to Boeing President and CEO Kelly Ortberg [1] - Deasy replaces Susan Doniz, who left the company in late 2024 [3] Leadership Background - Dana Deasy brings over 40 years of technology and leadership experience across multiple industries, including roles as CIO at the U.S. Department of Defense, JPMorganChase, BP, and General Motors [2] - Deasy started his career in information management at Rockwell's Space Systems Division [2] Strategic Focus - Boeing emphasizes the importance of IT in addressing cybersecurity threats and leveraging emerging technologies like artificial intelligence to meet safety, quality, and customer reliability goals [2] - The company aims to position itself for future growth through technological innovation and leadership in sustainability [4] Company Overview - Boeing is a leading global aerospace company, developing, manufacturing, and servicing commercial airplanes, defense products, and space systems for customers in over 150 countries [4] - As a top U.S. exporter, Boeing collaborates with a global supplier base to advance economic opportunity, sustainability, and community impact [4] - The company is committed to innovation, sustainability, and a culture rooted in safety, quality, and integrity [4]

It's been a year since a cabin door plug blew out of an Alaska Airlines Boeing 737 MAX in midair, and Boeing making improvements. Still, the head of the Federal Aviation Administration asserted that more work is needed.  Despite an onslaught of protocols to improve oversight of Boeing operations, Mike Whitaker, who will step down later this month, said in a blog post that "this is not a one-year project." "What’s needed is a fundamental cultural shift at Boeing that’s oriented around safety and quality abov ...

Key TakeawaysBoeing is working to improve its safety practices, but FAA head Mike Whitaker said Thursday the plan is "not a one-year project."Whitaker, who is leaving the FAA later this month, said the agency is still meeting with Boeing weekly to assess the plane maker's progress.Separately Friday, Boeing outlined its safety plan and some of the steps it has taken over the last year. Approaching one year since the Alaska Airlines (ALK) incident that saw a door panel detach from a Boeing (BA) plane in midai ...

Boeing (BA -2.90%) stock rose by 13.9% in December, according to data provided by S&P Global Market Intelligence. The move put a little shine on a disappointing year for the company and comes down to some positive news for Boeing.Good news for BoeingThe key to Boeing's recovery is ramping up its 737 MAX narrowbody aircraft production. Boeing must also return its defense business to profitability and ensure the 777X stays on its revised track for its first delivery in 2026. However, the stock won't prosper u ...