Boeing (BA) Shares Pop on Q2 Cash Flow Beat and Reiterated Guidance
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CPI Aerostructures Receives $3.2 Million Order From Boeing Under A-10 ATTACK Re-Wing Contract
July 27, 2022 8:00 AM EDTEDGEWOOD, N.Y., July 27, 2022 (GLOBE NEWSWIRE) -- CPI Aerostructures, Inc. (CPI Aero® or the Company) (OTC Expert Market: CVUA) announced today the receipt of purchase orders totaling approximately $3.2 million from Boeing (NYSE: BA) for structural assemblies for the A-10 Thunderbolt II under a previously announced Indefinite Delivery/Indefinite Quantity (IDIQ) contract with a maximum ceiling value of $48 million. Under the terms of the IDIQ, CPI Aero will manufacture major structural subassemblies of the A-10 aircrafts wing. Including these new orders, CPI Aero has now received approximately $23.4 million in... More
Boeing Reports Second-Quarter Results
July 27, 2022 7:30 AM EDTARLINGTON, Va., July 27, 2022 /PRNewswire/ --
Second Quarter 2022
Operating cash flow of $0.1 billion; continue to expect positive free cash flow for 2022Increased 737 production to 31 per month; working with FAA on final actions to resume 787 deliveriesSuccessfully completed CST-100 Starliner uncrewed Orbital Flight Test-2 (OFT-2)Revenue of $16.7 billion; GAAP earnings per share of $0.32 and core (non-GAAP)* loss per share of ($0.37) Total backlog of $372 billion; including over 4,200 commercial... More