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Boeing's Air Force One Overhaul Delayed Again As Workforce Woes, Design Failures And Security Bottlenecks Mount, GAO Reports
Friday, June 13, 2025 - 7:56am | 536Read More...The Boeing Co. (NYSE:BA) Air Force One replacement program remains years behind schedule and billions over budget as workforce challenges and design complications continue plaguing production, a new report states. What Happened: The Government Accountability Office shared on Wednesday that “...
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Trump's Chosen Air Force One Contractor L3Harris To Pay $62 Million As Settlement For Misleading US Military
Friday, May 23, 2025 - 6:07am | 568Read More...Defense contractor L3Harris Technologies (NYSE:LHX) has agreed to pay $62 million to settle allegations of deceit over equipment pricing sold to the U.S. military. This comes as the company is involved in modifying a luxury Boeing 747 for the new Air Force One. What Happened: The Justice Department...
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Trump's Qatar Jet Gift Could Cost Taxpayers $1 Billion — And He Still May Not Be Able To Use It This Term, Say Experts
Wednesday, May 14, 2025 - 8:34am | 550Read More...The conversion of a Qatari 747 jet into the new Air Force One for President Donald Trump could cost over $1 billion and take several years, according to aviation experts. What Happened: Several aviation experts have cautioned that converting a 13-year-old jet owned by Qatar into...
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Stock Market Update For The Week Ahead: 'Continued Strength'
Sunday, July 5, 2020 - 2:18pm | 1502Read More...The Last Week In A Nutshell What Happened: The S&P 500 experienced its best quarter since 1998, adding 20%. "A 20% quarterly gain is quite rare, but the catch is previous large quarterly gains have actually led to continued strength. In fact, a quarter later stocks have been higher...
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Boeing: Expect 737 MAX Flight Ban To Last Into Summer
Tuesday, January 21, 2020 - 6:14pm | 554Read More...Boeing on Tuesday confirmed growing suspicions that the return to service for the troubled 737 MAX will take much longer than recently expected, saying its best estimate is that safety regulators won't begin to authorize the plane for commercial flights until midyear. The aerospace giant said it...
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Boeing Plummets 11% Following Reports Co. Facing SEC Probe Over Accounting
Thursday, February 11, 2016 - 12:26pm | 206Read More...Shares of Boeing Co (NYSE: BA) plunged to a new 52-week low of $102.10 on Thursday and was trading lower by more than 11 percent after Bloomberg reported that the company faces an SEC investigation. Bloomberg, citing "people with knowledge of the matter," said that the SEC is...
