Tag

Boeing

All articles tagged with #boeing

Poland Linked to U.S. F-15EX Framework as Warsaw Denies Buy Plans
defense19 hours ago

Poland Linked to U.S. F-15EX Framework as Warsaw Denies Buy Plans

Poland is listed as a potential Foreign Military Sales customer under a U.S. Boeing contract for the F-15EX, but Warsaw says it has no current plans to buy the aircraft; the IDIQ contract sets a $131.23 billion ceiling for production, upgrades, and sustainment through 2037 and signals future sale potential rather than an actual order, with Indonesia previously linked but not proceeding; Poland is meanwhile expanding its air force with F-35s and other equipment, keeping the F-15EX option alive but not underway.

Boeing white-collar workers reject four-year pact, signaling potential strike
business4 days ago

Boeing white-collar workers reject four-year pact, signaling potential strike

Boeing engineers and technical workers represented by SPEEA rejected the four-year contract offer and gave their negotiating team authority to call a strike when the deal expires in October. The terms included inflation-linked pay raises capped at 3%, a point of contention since inflation in the Seattle area has outpaced that cap. A work stoppage could further delay Boeing’s certification efforts for the 737 Max 10 and 777-9.

C919 crosses borders as COMAC aims to rival Boeing and Airbus
business14 days ago

C919 crosses borders as COMAC aims to rival Boeing and Airbus

China's COMAC C919 completed its first international commercial flight, Beijing to Ulaanbaatar, marking a milestone in Beijing's bid to challenge Boeing and Airbus. The jet is used by Air China but still relies on foreign engines and lacks broad regulatory certification, with production scale and after-sales support needing improvement to meet ambitious 2029 goals and broaden overseas sales.

Archer Aviation Surges on Boeing-Backed Self-Funding Pivot
business14 days ago

Archer Aviation Surges on Boeing-Backed Self-Funding Pivot

Archer Aviation stock jumped about 11% after its Q2 earnings call revealed Boeing’s all‑stock deal to buy Wisk Aero, Insitu and SkyGrid would give Archer a 16% Boeing stake and, via Insitu, more than $200 million per year in revenue that could fund Archer's operations, reducing cash burn and dilution; Archer posted Q2 revenue of $5 million (up 213% QoQ) and a loss in line with estimates, with about $1.6 billion in liquidity, positioning it to close the deal by year-end and advance certification and Halo‑Thunder development, while peers Joby and EHang lagged; a $10.50 target implies meaningful upside if the Boeing deal delivers.

Archer Surges as Boeing Offloads Air-Taxi Subsidiaries for Stake
finance15 days ago

Archer Surges as Boeing Offloads Air-Taxi Subsidiaries for Stake

Archer Aviation jumped after Boeing agreed to transfer three of its air-taxi units—Wisk Aero, SkyGrid and Insitu—to Archer in exchange for cash and newly issued Archer stock, giving Boeing roughly a 16.5% stake post-close (19.75% pre-close). Boeing will also invest up to $55 million in an Archer funding round and take warrants to buy as much as $200 million more later, letting Boeing exit some advanced-air-mobility bets while staying strategically exposed. The deal brings Archer access to Wisk’s autonomous flight tech and Insitu’s defense business, expanding Archer’s revenue sources as the eVTOL race heats up.

Boeing sells three aviation tech units to Archer for equity stake
business15 days ago

Boeing sells three aviation tech units to Archer for equity stake

Boeing will sell Wisk Aero, SkyGrid and Insitu to Archer Aviation in exchange for nearly a 20% stake in Archer, plus warrants and the right for Boeing to nominate a Archer director; Archer will also gain access to Wisk’s autonomous flight tech through a separate collaboration. The deal, expected to close by year-end 2026 subject to antitrust review, expands Archer’s eVTOL and air‑traffic tech platform while allowing Boeing to focus resources on core businesses. Wisk has flown multiple generations of electric VTOL aircraft, SkyGrid provides an automated airspace management platform, and Insitu produces uncrewed aircraft used by 35 nations and generating over $200 million in annual revenue. Archer’s CEO said the deal would broaden the company’s revenue base and scale, while Boeing’s divestiture aligns with its strategy under CEO Kelly Ortberg. Moelis & Co and JPMorgan are advising Archer and Boeing respectively.

Boeing’s MAX 7 Certification Met with Massive Inspection Directive
business16 days ago

Boeing’s MAX 7 Certification Met with Massive Inspection Directive

The FAA certified Boeing’s 737 MAX 7 after a nine-year review, but within days issued an airworthiness directive mandating structural inspections on about 1,429 MAX-family jets due to production-quality scratches on a bear strap—no MAX cracks found yet. The directive affects many operators (including Southwest, which plans to receive the MAX 7 in 2027) and emphasizes safety oversight even as deliveries resume. In short, a celebratory certification was tempered by a broad inspection mandate tied to factory workmanship, not a design flaw.

FAA clears Boeing 737 MAX 7, paving the way for Southwest’s launch
business22 days ago

FAA clears Boeing 737 MAX 7, paving the way for Southwest’s launch

The FAA granted certification to Boeing’s smallest 737 MAX variant, the MAX 7, after more than four years of delays, with Southwest Airlines slated as the launch customer and the first deliveries imminent; the MAX 7 seats about 135–160 passengers (up to 172 in high-density layouts) and can fly up to 4,300 miles, enabling longer, thinner routes, while certification delays stemmed from updates to flight-control software, alerting systems, and a redesigned engine anti-ice system; Boeing has built around 30 MAX 7s and 9 MAX 10s, and certification for the MAX 10 is expected soon.

FAA Clears Boeing 737 MAX 7, Ending a Years-Long Wait
business22 days ago

FAA Clears Boeing 737 MAX 7, Ending a Years-Long Wait

The FAA certified Boeing’s smallest MAX model, the 737 MAX 7, after years of delays and safety upgrades (updated flight-control software, alerting, and a redesigned engine anti-ice system). Airlines can begin passenger service once schedules are adjusted, though ramp-up may take months. Boeing has about 40 MAX-7/MAX-10 aircraft built, and the certification could improve cash flow and production as it also pursues the MAX 10 and 777X. Boeing’s stock rose about 5% on the news.

Boeing Eyes Starliner Comeback Flight With ISS Cargo Mission
space-and-spaceflight25 days ago

Boeing Eyes Starliner Comeback Flight With ISS Cargo Mission

Boeing says its Starliner is largely fixed after past issues and is coordinating with NASA to set a cargo launch to the ISS, which would pave the way for a potential late-2027 crewed test; a free docking port is needed, NASA has trimmed Starliner missions under a revised contract, and Boeing is weighing options including selling space-unit assets while awaiting port availability.

Boeing Bets More Cash to Hit the 2028 Air Force One Delivery Window
defense27 days ago

Boeing Bets More Cash to Hit the 2028 Air Force One Delivery Window

Boeing is tacking on an extra $280 million to accelerate the VC-25B program and keep the plan for a 2028 delivery of the next-generation Air Force One on track, absorbing most of the cost under a fixed-price contract and already pushing losses beyond $3 billion. The company is expanding production, boosting certification and testing, and shifting to a military-certification approach while working with the Air Force. In the interim, a Qatar-donated 747-8 serves as an interim Air Force One, as the permanent VC-25Bs—larger with advanced comms and defenses—are readied, though they will forgo aerial refueling to reduce risk and cost.

Boeing's Starliner Poised for a 2026 Return, Pending ISS Port and Propulsion Fixes
space27 days ago

Boeing's Starliner Poised for a 2026 Return, Pending ISS Port and Propulsion Fixes

On Boeing’s earnings call, CEO Kelly Ortberg said Starliner’s propulsion deficiencies are being redesigned and are progressing well. The next mission is a cargo flight to the ISS, with the launch date dependent on NASA port availability; if this goes smoothly, a crewed Starliner mission could follow in late 2027, though Boeing has already booked roughly $2 billion in charges for delays and fixes. Starliner competes with SpaceX’s Crew Dragon, which is currently cheaper and more reliable, and future costs for human spaceflight in the 2030s are likely to rise.

Boeing’s Air Force One Overrun Deepens as 2028 Delivery Looms
defense28 days ago

Boeing’s Air Force One Overrun Deepens as 2028 Delivery Looms

Boeing booked a fresh $280 million charge for converting two VC-25B presidential aircraft, pushing its total losses on the program above $3 billion and delaying first delivery to 2028; the GAO’s cost estimates on the government side rise to about $6.6 billion, with Boeing adding resources to mitigate certification and testing risks, while the Qatar-donated VC-25B Bridge remains in service amid ongoing debates about its defensive capabilities and interim use as Air Force One.