Boeing

Boeing-Built Satellite Blows Up, Airport Hugs Get Time Limits And 'Gate Lice' Get Bug Sprayed In This Week's Beyond Cars Roundup

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Boeing-Built Satellite Blows Up, Airport Hugs Get Time Limits And 'Gate Lice' Get Bug Sprayed In This Week's Beyond Cars Roundup

Boeing seemingly can’t catch a break between the endless problems with the 737 Max and the Starliner’s failed crewed test flight. Intelsat announced on Monday that one of its satellites, built by Boeing, broke up in geostationary orbit. Multiple organizations are tracking the debris to avoid collisions and a potential… Read more… Read original article … Read more

Boeing reportedly eyes exiting space race by selling off business with NASA

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Boeing reportedly eyes exiting space race by selling off business with NASA

Houston, Boeing has a problem! The embattled aerospace giant — which helped put the first man on the moon — is exploring the sale of some parts of its NASA business, the Wall Street Journal reported on Friday, citing people familiar with the matter. The sale, which is in the early stages and might not … Read more

Oct 23: CBS News 24/7, 10am ET

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Oct 23: CBS News 24/7, 10am ET

Oct 23: CBS News 24/7, 10am ET – CBS News Watch CBS News Harris, Trump campaigns take final sprint; Union vote on latest Boeing contract offer could end the ongoing machinists strike. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Read original article … Read more

Boeing-made satellite explodes to bits in space: ‘Total loss’

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Boeing-made satellite explodes to bits in space: ‘Total loss’

A communications satellite built by Boeing exploded into pieces while orbiting in space — resulting in a “total loss” of the device used to serve customers across Europe, Africa and parts of the Asia-Pacific region. The company that purchased the satellite from Boeing said its IS-33e satellite was completely out of commission on Monday after … Read more

Why Boeing is trying to sell off assets

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Why Boeing is trying to sell off assets

Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday. The planemaker last week reached an agreement to offload a small defense unit that makes surveillance equipment for the U.S. military, the paper reported, citing people familiar with the … Read more

Boeing makes new offer to union in hopes of ending a strike now in its 2nd month

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Boeing makes new offer to union in hopes of ending a strike now in its 2nd month

Boeing and the union representing striking machinists have negotiated a new contract proposal that would provide bigger pay raises and bonuses in a bid to end a costly walkout that has crippled production of airplanes for more than a month. Originally Published: October 19, 2024 at 3:18 p.m. Read original article here Denial of responsibility! … Read more

Boeing to send layoff notices to thousands of workers: report

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Boeing to send layoff notices to thousands of workers: report

Boeing will send layoff notices to thousands of its employees within the coming weeks and a senior US official has flown to Seattle to encourage negotiations between the planemaker and the union, according to a report. Boeing will next month send 60-day notices to thousands of workers, including employees in its commercial aviation division, a … Read more

Boeing to cut workforce by 10% as strike eats into reserves – Daily News

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Boeing to cut workforce by 10% as strike eats into reserves – Daily News

By Benedikt Kammel | Bloomberg Boeing Co. said it plans to cut its workforce by about 10%, responding to the crisis facing the planemaker as it faces a drawn-out strike by workers and a worsening cash crunch. The reductions will include executives, managers and employees, Chief Executive Officer Kelly Ortberg said in a memo to … Read more

Boeing CEO Message to Employees on Positioning for the Future

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Boeing CEO Message to Employees on Positioning for the Future

ARLINGTON, Va., Oct. 11, 2024 /PRNewswire/ — Boeing [NYSE: BA] President and CEO Kelly Ortberg shared the following message with all employees today: Team, Our business is in a difficult position, and it is hard to overstate the challenges we face together. Beyond navigating our current environment, restoring our company requires tough decisions and we will … Read more

Boeing Reports Preliminary Third Quarter Results

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Boeing Reports Preliminary Third Quarter Results

ARLINGTON, Va., Oct. 11, 2024 /PRNewswire/ — The Boeing Company [NYSE: BA] announced today it will recognize impacts to its financial results related to charges for certain programs across the Commercial Airplanes and Defense, Space & Security segments and the IAM work stoppage when it reports third quarter results on October 23. The company expects … Read more