Boeing reaps $49M from US error
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Boeing Co. made at least $49 million in excess profit on a federal aviation security contract because the government failed to properly structure the deal, a federal audit released Monday found.
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Boeing Co. BA.N on Wednesday  reported a higher third-quarter profit on revenue growth in its  defense business and strong performance in its commercial  aircraft building operations, and said it raised its earnings  forecast for 2004.
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Robust demand for military equipment  and technology led four U.S. defense companies to post higher  quarterly profit on Wednesday, with jet maker Boeing Co. BA.N  reporting a 78 percent jump in earnings despite a decline in  commercial airplane revenue.
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Boeing Co. on Wednesday topped Wall  Street expectations with a 78 percent jump in quarterly profit  on strength in its defense operations, and raised its earnings  forecast for 2004.
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Boeing regained some ground in its battle with Airbus yesterday when it won a $7.35billion order from Singapore Airlines for 31 aircraft.
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SAN FRANCISCO (CBS.MW) -- Boeing shares failed to get a lift Thursday after Continental Airlines placed the first US order for the aerospace giant&#39;s 7E7 passenger jet, in a deal worth $1.3 billion at current list prices.
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Boeing Co. received at least $49 million in excessive profits on a $1.2 billion contract to supply explosives-detection systems to hundreds of the nation's airports, the Department of Homeland Security's inspector general reported Monday.
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Boeing Co  said on Monday it  would buy up to $7 billion of its own stock, one of the  plane-maker's largest repurchase plans on record, but kept its  cash dividend unchanged.
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Boeing Co.  said on Wednesday  fourth-quarter profit more than doubled, as it delivered more  commercial aircraft than in the year-earlier quarter.
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Aerospace giant Boeing Co. reported a 78 percent jump in third-quarter earnings, buoyed by a strong defense business, and raised its estimate for full-year profits due to a favorable tax outlook.
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The EU claims US subsidies for American aircraft maker Boeing have cost Europe's Airbus $27bn.
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Boeing Co, the world&#39;s second-biggest maker of commercial aircraft, won a $360 million order from Air China, the country&#39;s biggest overseas carrier, for seven 737-700 jetliners used in flying medium-range routes.
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Boeing Co. on Wednesday posted an 84  percent drop in quarterly profit on charges related to two  aircraft programs, but it beat forecasts and said it sees  stronger growth through 2006.
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Boeing Co  said on Wednesday fourth-quarter profit rose a greater-than-expected 4 percent, helped by higher commercial plane deliveries, and said its delayed 787 Dreamliner was on track to meet its new schedule.
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Boeing Co. received at least $49 million in excessive profits on a $1.2 billion contract to supply explosives-detection systems to hundreds of the nation's airports, the Department of Homeland Security's inspector general reported. -The Washington Post
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Boeing Co.  on Wednesday  reported a higher-than-expected second-quarter profit compared  with a year-ago loss, and raised its full-year forecast as it  ramped up delivery of its hot-selling commercial planes and  defense sales remained strong.
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Boeing Co. BA.N on Wednesday topped  expectations with a 78 percent jump in quarterly profit on  strength in its defense operations, and raised its earnings  forecast for 2004.