The company was aiming to deliver 400 to 450 737 jets in 2023 but was forced to temper that goal to 375 to 400 jets after two separate quality issues at...
-Boeing on Wednesday cut its 737 delivery forecast for this year due to quality issues at supplier Spirit AeroSystems, a temporary setback to the planemaker that is looking to recover from its own set of crises.
Meanwhile, the company's ailing defense business continues to struggle with cost overruns on fixed price contracts due to inflationary pressures. "Thanks to the culture we're building, we have identified non-conformances from the past that we now have the rigor to find and fix once and for all." For its third quarter through September, Boeing reported a cash burn of $310 million compared with a flow of $2.91 billion a year ago.'Probably the best use of cash': Warren Buffett likes businesses that dole out dividends — but he absolutely loves it when they do this instead. 3 'share cannibals' to watch now
'Extremely bearish' chart formation signals the top 7 Big Tech stocks including Apple, Nvidia, and Tesla face elevated risk of a selloff
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