Boeing said on Friday it had been awarded a $2.56 billion contract from the United States Air Force for two rapid prototype E-7A AEW&C Wedgetail aircraft.

Boeing Co.'s bondholders have adopted a defensive trade in the last week of selling certain longer-dated notes and buying other, more recently issued bonds that will pay them more if the aerospace giant's credit is downgraded.

The United States has some tremendous industrial companies. However, a company's stature doesn't mean its stock cannot be cyclical.

Though we often think of the Dow Jones Industrial Average as the representative of the 30 most significant and influential companies in the United States, even its members can sometimes falter. These struggles can stem from decreases in consumer spending, grievous mismanagement and even quality control failures that can cause international incidents.

Boeing's machinist union has been urging members to save money for a strike since 2019. On Monday, the negotiations that will determine whether they need it will kick into high gear.

The problems that have dogged Boeing Co.'s Starliner spacecraft underline the progress made by rival SpaceX in ferrying NASA astronauts to and from the International Space Station.

NASA is working with Elon Musk's SpaceX on plans to return two astronauts to Earth in the event that they're unable to travel on the troubled Boeing craft that initially carried them to space. White House Assistant Director for Space Policy and former Nasa executive Ezinne Uzo-Okoro joins Ed Ludlow to discuss on "Bloomberg Technology.

A new chief executive takes over at Boeing on Thursday, and he plans to walk the floor of the factory near Seattle that has become the heart of the aerospace giant's troubles.

National Transportation Safety Board chair Jennifer Homendy said staff at the agency would like to complete its probe into the Jan. 5 Alaska Airlines Boeing 737 MAX 9 mid-air emergency by early next year.

A new chief executive takes over at Boeing on Thursday, and he plans to walk the floor of the factory near Seattle that has become the heart of the aerospace giant's troubles.

Boeing's new CEO Robert "Kelly" Ortberg takes the reins of the aerospace giant on Tuesday. The 64-year-old aerospace veteran previously headed supplier Rockwell Collins.

Boeing's new boss Kelly Ortberg will meet factory workers near Seattle on Thursday and pledged to be closer to the U.S. planemaker's production lines, as he faces the steep task of "restoring trust," according to a message to employees seen by Reuters.