menu search

BA / Spirit Aerosystems stock soars on Boeing production deal

Spirit Aerosystems stock soars on Boeing production deal
Spirit AeroSystems Holdings Inc shares surged 25% to $21.46 in late-morning trading on Wednesday after the manufacturer of large aircraft structures announced a tentative agreement with Boeing that would involve Spirit receiving a cash advance and include some price increases for the production of the 787 aircraft.   The deal is aimed at enabling production increases and enhancing quality and predictability in Spirit AeroSystems' operations, which would strengthen the strategic relationship between Spirit and Boeing for the long term to fulfill operational commitments and airline expectations, according to the company. Read More
Posted: Oct 18 2023, 11:44
Author Name: Proactive Investors
Views: 091934

BA News  

Boeing Stock: Buy, Sell, or Hold?

By The Motley Fool
November 4, 2023

Boeing Stock: Buy, Sell, or Hold?

Boeing is struggling to meet its near-term aims on airplane production ramps and fixed-price development contracts. The stock continues to look a good more_horizontal

Boeing warns cyber attack hit parts business

By Proactive Investors
November 2, 2023

Boeing warns cyber attack hit parts business

The Boeing Company (NYSE:BA) has acknowledged that a cyber attack has hit its parts and distribution business. This follows claims from ransomware gro more_horizontal

Boeing investigating cyber incident affecting parts business

By Reuters
November 1, 2023

Boeing investigating cyber incident affecting parts business

Boeing said on Wednesday it is investigating a cyber incident impacting elements of the company's parts and distribution business and is cooperating w more_horizontal

Wall Street sets Boeing stock price for the next 12 months

By Finbold
November 1, 2023

Wall Street sets Boeing stock price for the next 12 months

Boeing (NYSE: BA) has experienced a turbulent journey in 2023, sending investors on a roller coaster ride. more_horizontal

3 Defense Stocks for a Steady Stream of Dividend Income

By InvestorPlace
October 30, 2023

3 Defense Stocks for a Steady Stream of Dividend Income

Global defense spending increased for the eighth consecutive year in 2022 and touched an all-time high of $2.24 trillion. Given the multiple points of more_horizontal

The Top 7 Defense Stocks for an Unsteady World

By InvestorPlace
October 29, 2023

The Top 7 Defense Stocks for an Unsteady World

Given the sensitive nature of current and ongoing geopolitical flashpoints, the concept of top defense stocks to buy seems controversial. Indeed, the more_horizontal

Boeing looking into hacking gang's ransomware threat

By Fox Business
October 29, 2023

Boeing looking into hacking gang's ransomware threat

Boeing is investigating a claim made by cybercrime group Lockbit, which says it hacked sensitive data from the aerospace giant and will release it Nov more_horizontal

Here's Why Boeing Stock Is Worth Owning Despite Continued Losses, Falling Deliveries, and an Earnings Miss

By The Motley Fool
October 29, 2023

Here's Why Boeing Stock Is Worth Owning Despite Continued Losses, Falling Deliveries, and an Earnings Miss

Demand for new passenger jets is accelerating, and will likely rise even more in the future. The company's backlog of unfilled orders is starting to g more_horizontal


Search within

Pages Search Results: