Latest Boeing Co News

Former Boeing test pilot pleads not guilty in 737 Max case

Oct. 15, 2021 19:58 PM EDT

FORT WORTH, Texas (AP) — A former Boeing test pilot pleaded not guilty Friday to charges that he deceived regulators by withholding information about a key system that played a role in two deadly crashes involving Boeing 737 Max jets. Mark Forkner made his first...

UnitedHealth, Bank of America rise; Occidental, Boeing fall

Oct. 14, 2021 16:26 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: UnitedHealth Group Inc., up $16.81 to $420.36. The health insurer raised its profit forecast for the year after reporting strong third-quarter financial results. ...

Boeing tells workers they must get COVID-19 vaccine

Oct. 12, 2021 21:30 PM EDT

SEATTLE (AP) — The Boeing Co. has told employees they must be vaccinated against COVID-19 or possibly be fired. The Seattle Times reports the deadline for workers at the aerospace giant is Dec. 8. “Compliance with these requirements is a condition...

The Latest: Biden vaccine order moves closer to enforcement

Oct. 12, 2021 20:15 PM EDT

WASHINGTON — The Biden’s administration’s mandate that employers with 100 or more workers require coronavirus vaccinations or institute weekly virus testing has moved one step closer to enforcement. On Tuesday, the Occupational Safety and Health Administration...

Boeing to build Navy aircraft at MidAmerica, invest $200M

Sep. 17, 2021 16:05 PM EDT

SPRINGFIELD, Ill. (AP) — Chicago-based aerospace giant Boeing Co. will invest $200 million to begin manufacturing the U.S. Navy's latest unmanned aircraft at MidAmerica St. Louis Airport in a project that could add at least 150 jobs on the company's southwest Illinois campus, officials said...

Boeing sells land for $200M in plan to shrink holdings

Sep. 17, 2021 10:47 AM EDT

SEATTLE (AP) — Boeing has closed the sale of 310 acres of undeveloped land next to its Frederickson manufacturing plant in Pierce County for $200 million, real estate tax filings show. The deal finalized this week is the latest as part of a large-scale local property...

Pandemic hasn't dimmed Boeing's rosy prediction for planes

Sep. 14, 2021 11:28 AM EDT

Boeing said Tuesday that the airline industry is showing signs of recovering from the pandemic, and it raised its bullish prediction about demand for airline and military planes and other aerospace products and services. The company predicted that the aerospace market...

Study: Pentagon reliance on contractors hurt US in 9/11 wars

Sep. 13, 2021 16:11 PM EDT

Up to half of the $14 trillion spent by the Pentagon since 9/11 went to for-profit defense contractors, a study released Monday found. It's the latest work to argue the U.S. reliance on private corporations for war-zone duties that used to be done by troops contributed to mission failure in...

US will give aircraft companies $482 million for pandemic

Sep. 13, 2021 07:41 AM EDT

The Biden administration is making $482 million available to aviation industry manufacturers to help them avert job or pay cuts in the pandemic. The taxpayer-funded relief will cover up to half of the payroll costs at 313 companies, according to the Transportation...

US examining Boeing's treatment of safety-related employees

Aug. 24, 2021 14:44 PM EDT

A small group of Boeing engineers who perform key safety tasks are raising concerns about their ability to work free of pressure from supervisors, and their comments are prompting federal regulators to take a broader look into the company’s safety culture. The...