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Boeing finally speeds up pace of 737 MAX production following last year's mid-air panel blowout
New York Post· 2025-05-21 16:29
Boeing expects to stabilize 737 MAX production at 38 airplanes a month over the next couple of months, its Commercial Airplanes Vice President of Quality Doug Ackerman told reporters on Tuesday.The U.S. Federal Aviation Administration capped output at 38 airplanes a month after a mid-air panel blowout in a nearly new 737 in January 2024.Prior to that, monthly production of its best-selling airplane had bounced between the teens and the thirties but Boeing struggled through a series of crises and controversi ...
Former Boeing Engineer Mike Beazer Opens AtWork's First Location in Arkansas
GlobeNewswire News Room· 2025-05-20 13:30
BENTONVILLE, Ark., May 20, 2025 (GLOBE NEWSWIRE) -- AtWork®, the nation's leading staffing franchise for empowering job seekers and facilitating company growth, is opening its first Arkansas location in the state at 2927 West Walnut St. AtWork Bentonville is locally owned and operated by Mike Beazer, a veteran engineer and hiring professional who spent 14 years at The Boeing Company, sharpening his expertise in talent acquisition while also addressing manufacturing challenges, developing new processes, ensu ...
Boeing, GE and Trump's Middle East trip to remember
Fox Business· 2025-05-18 13:11
Group 1: Company Performance - Boeing shares increased by 5.6% following Qatar Airways' order of 210 widebody jets valued at $96 billion [1][10] - GE Aerospace shares rose nearly 8% after the same order, which includes 400 engines for Boeing's aircraft [1][10] - Boeing has gained nearly 20% this year, while General Electric shares have increased by 37% [8][9] Group 2: Analyst Sentiment - Majority of analysts are bullish on Boeing and GE Aerospace stocks, with 20 out of 29 analysts rating Boeing as a buy or strong buy [8] - GE Aerospace has a similar positive outlook, with 19 out of 21 analysts rating it as a buy or strong buy [8] Group 3: Job Creation and Economic Impact - The deal with Qatar is expected to create 400,000 jobs in the United States, as all aircraft will be built domestically [5] - The White House announced that the deal is part of a larger $1.2 trillion economic exchange agreement with Qatar [12] Group 4: Additional Contracts - Following the Qatar deal, Boeing and GE secured an additional $14.5 billion from Abu Dhabi's Etihad Airways for the 787 and 777X [10] - Trump's Middle East trip resulted in over $2 trillion in deals from various allies, including significant commitments from Saudi Arabia and the UAE [11][12]
The challenges facing Elon Musk and NASA in sending humans to Mars
CNBC· 2025-05-17 13:00
Group 1: Mars Exploration Ambitions - President Donald Trump and Elon Musk aim to make living on Mars a reality, with Musk's SpaceX potentially sending humans to Mars as early as 2029, while NASA considers a 2040 timeline as ambitious [1] - China plans to establish an autonomous Mars research station by 2038, indicating a global interest in Mars exploration [1] Group 2: Scientific and Philosophical Perspectives - Musk views Mars colonization as essential for preserving humanity against threats on Earth, while scientists believe Mars could provide insights into the existence and diversity of life in the universe [2] - The early Earth and Mars shared similar conditions, suggesting that life could have originated on Mars if the right conditions were present [3] Group 3: Technical Challenges - Significant technical challenges must be overcome to land and settle humans on Mars, including issues related to radiation, life support, and propulsion capabilities [4] - SpaceX's Starship, the tallest and most powerful rocket ever built, is central to Musk's Mars plans, although recent test flights have faced setbacks, including an explosion of the Starship spacecraft [4]
President Trump Just Cut the Budget on Boeing's and Lockheed's Most Important Space Program
The Motley Fool· 2025-05-17 11:07
Core Insights - The Trump administration's proposed budget for fiscal year 2026 includes a significant 24% cut to NASA's funding, reducing it from $24.8 billion to $18.8 billion, which may impact major space companies' revenue streams [3][4] - The budget proposal suggests the termination of the Space Launch System (SLS) program, which has been criticized for its high costs and delays, with a projected cost of $4 billion per launch and being 140% over budget [6][8] - The proposed budget allocates $7 billion for lunar exploration under Project Artemis and $1 billion for Mars missions, but cuts funding for the Mars Sample Return mission [5][6] Impact on Companies - The termination of the SLS program threatens an estimated $82 billion in contracts for major contractors like Boeing, Lockheed Martin, and Northrop Grumman, which were expected to benefit from Project Artemis [8] - Conversely, the budget cuts could create opportunities for more cost-effective space contractors like SpaceX and Blue Origin, which are positioned to take over roles currently held by traditional aerospace companies [9][11] - SpaceX's Starship and Blue Origin's New Glenn rocket are projected to offer lunar missions at significantly lower costs, with Starship estimated at less than $3 billion per trip and New Glenn at $3.4 billion [9][10] Long-term Industry Outlook - The proposed changes indicate a shift towards more budget-conscious space operations, potentially sidelining established companies in favor of newer, more efficient competitors [11][12] - While this transition may not be favorable for current investors in traditional aerospace stocks, it could lead to a more sustainable and cost-effective future for the space industry [12]
Boeing was the real winner of Donald Trump's trip to the Middle East
Business Insider· 2025-05-17 09:42
Group 1 - Boeing secured a significant order from Qatar Airways for at least 160 jets, valued at $96 billion, marking its largest-ever order for wide-body aircraft [1][2] - The order includes 30 Boeing 777X planes, which have yet to be certified and are running years behind schedule, indicating Qatar's strong confidence in Boeing's future [3][4] - Boeing's recent delivery of 45 commercial planes in the last month represents a substantial increase, nearly double the number delivered in the same period last year [5] Group 2 - The defense deal with Saudi Arabia, valued at approximately $142 billion, is noted as the largest defense-sales agreement in history, further enhancing Boeing's reputation [4] - Trump's support for Boeing during his trip to the Middle East reflects a notable shift from previous tensions regarding delays in the Air Force One project [2][11] - The recent agreement with Qatar Airways and the defense deal with Saudi Arabia signify that Boeing is recovering from its past challenges and restoring its standing in the industry [4][12]
美国总统特朗普置评新款“空军一号”推迟交付问题,宣称:我们在新飞机方面与波音公司面临一个问题。
快讯· 2025-05-16 22:34
Group 1 - The core issue highlighted is the delay in the delivery of the new "Air Force One" aircraft, which is a concern for the U.S. government and Boeing [1] Group 2 - President Trump commented on the situation, indicating that there is a problem with the new aircraft in relation to Boeing [1]
Stock Of The Day: 3 Classic Lessons On The Boeing Chart
Benzinga· 2025-05-16 18:12
Core Viewpoint - Boeing Co shares have remained flat recently after a significant increase of over 50% since April lows, attributed to President Trump's signing of deals worth over $200 billion with the UAE [1]. Group 1: Stock Performance and Market Dynamics - Boeing's stock is consolidating after breaking through a resistance level around $191.50, indicating potential for a new uptrend [4]. - The concept of "buy the breakout" is illustrated by Boeing's recent performance, where demand outstripped supply, leading to a rally [1]. - The stock experienced a gap down from approximately $260 to $220 in January, suggesting it may rise rapidly back through these price levels [6]. Group 2: Investor Behavior and Market Sentiment - The saying "sell at former tops" highlights that many investors who sold Boeing around $265 in December 2023 may regret their decision, potentially leading to selling pressure if the stock returns to that level [7]. - The principle of "gaps refill" indicates that stocks can move quickly back through price levels they previously gapped through, as there may not be enough vested interest at those levels [5]. - Classic market sayings remain relevant as they reflect enduring human nature in trading behavior [8].
Boeing would avoid guilty plea, prosecution over 737 Max crashes in possible DOJ deal
CNBC· 2025-05-16 16:51
Group 1 - The Justice Department is not planning to prosecute Boeing regarding the crashes of the 737 Max, allowing the company to avoid a guilty plea [1] - Boeing had previously agreed to plead guilty in a deal with the Justice Department after being found in violation of a 2021 agreement related to the crashes, but a judge rejected this plea deal due to concerns about diversity, equity, and inclusion [2] - The fraud charge against Boeing is linked to the development of the 737 Max, with accusations of misleading regulators about a flight-control system involved in the crashes [3]