Boeing (BA) announces new CEO, posts wider-than-expected Q2 loss
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Boeing Board Names Kelly Ortberg President and CEO
July 31, 2024 7:32 AM EDTARLINGTON, Va., July 31, 2024 /PRNewswire/ -- Boeing [NYSE: BA] today announced that its Board of Directors has elected Robert K. "Kelly" Ortberg as the company's new president and chief executive officer, effective August 8, 2024. Ortberg will also serve on Boeing's Board of Directors.
He will succeed Dave Calhoun, who... More
Boeing Reports Second Quarter Results
July 31, 2024 7:30 AM EDTARLINGTON, Va., July 31, 2024 /PRNewswire/ --
Second Quarter 2024
Submitted comprehensive safety and quality plan to the Federal Aviation AdministrationAnnounced agreement to acquire Spirit AeroSystems in July; transaction expected to close mid-2025Revenue of $16.9 billion, GAAP loss per share of ($2.33) and core (non-GAAP)* loss per share of ($2.90)Operating cash flow of ($3.9) billion and free cash flow of ($4.3) billion (non-GAAP)*Total company backlog of $516 billion, including over 5,400 commercial... More