Boeing, Airbus pair up to bid for UK's helicopter contract
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Boeing (BA) set to collaborate with Shield AI for defense programs
March 8, 2023 12:04 PM ESTBoeing (NYSE: BA) announced in a press release Wednesday that the aerospace company has signed a memorandum of understanding with Shield AI to explore a strategic collaboration in the areas of autonomous capabilities and artificial intelligence on current and future defense programs.
The agreement was signed at the Air Force Association Warfare Symposium and will be managed by Boeing Phantom Works.
Shield AI is a... More
Jefferies believes plane backlogs span more than 10 years
March 7, 2023 2:24 PM ESTIn a note assessing plane demand, Jefferies analyst Sheila Kahyaoglu told investors that medium and long-term production rates are "supported by 10-year backlogs."
The demand outlook is supported by industry backlogs that stand at 12,663 aircraft as of January, according to Kahyaoglu. In addition, she states there were a further 470 jets added to the backlog through the February Air India... More
TD Cowen Defending Boeing (BA): '"New" Software Issue Article Looks Misleading'
March 6, 2023 11:55 AM ESTTD Cowen analyst Cai von Rumohr reiterated an Outperform rating and $230.00 price target on Boeing (NYSE: BA)
The analyst comments "Today's Leeham News article looks misleading in that the software issue it describes as "new" has been known for over a year and... More
