Defense, Space & Security said its operating loss in 2024 had deepened to $5.41 billion from $1.76 billion a year earlier. The aviation giant attributed the increase to contract adjustments on its ...

An almost two-month-long strike by aerospace workers contributed to Boeing's defence unit delivering a reduced total of 110 ...

Hefty cost overruns continue for Boeing ’s Defense and Space business as the company has announced another $1.7 billion in ...

Boeing has revealed a 20% revenue loss (US$5.4 billion) compared to 2023 and backlog of $64 billion for its defence arm in ...

The aircraft giant continues to work around fixed-price contracts that require it to cover cost overruns. “There’s no silver ...

The company on 23 January disclosed preliminary 2024 financial results, saying its fourth-quarter loss reflects charges of ...

Boeing has said it expects a fourth-quarter loss and is taking $2.8bn in charges stemming from a six-week-long strike, higher costs in its defence business and cuts to its workforce. The plane maker ...

Boeing on Thursday released preliminary fourth-quarter financial results that were impacted by a nearly two-month labor ...

Boeing’s defense business faced another tough quarter, with a projected loss of $1.7 billion when it reports its fourth-quarter earnings next week—bringing total losses for the sector to nearly $5 ...

Says Defense, Space & Security focused on production stability and development program execution. Says results reflect previously announced ...

Boeing has already amassed $2.6 billion of reach-forward losses on the $3.9 billion fixed-price VC-25B contract as of Q2 2024 ...

Commercial Airplanes results will reflect impacts associated with the IAM work stoppage and agreement including lower deliveries and pre-tax ...