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BUSINESS
August 20, 2005 | From Reuters
Boeing Co. and Airbus booked orders for a combined total of 529 large airliners in the second quarter, up from 161 in the first quarter, an industry trade group said. The figures compiled by the Aerospace Industries Assn. showed Boeing booked 379 orders in the second quarter, while Airbus booked 150.
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BUSINESS
January 24, 2003 | From Reuters
Lockheed Martin Corp. topped the list of the biggest U.S. military contractors in fiscal 2002, followed by Boeing Co. and Northrop Grumman Corp. Bethesda, Md.-based Lockheed, long the industry leader, rolled up $17 billion in prime contract awards in the year ended Sept. 30, up from $14.7 billion the year before.
BUSINESS
March 19, 2005 | From Associated Press
Boeing Co. said the executive whose affair with Chief Executive Harry C. Stonecipher led to his ouster last week had voluntarily resigned. Debra Peabody, 48, who managed office operations for Boeing in Washington and became involved with Stonecipher at a company retreat in California in January, resigned Thursday. Boeing declined to elaborate.
BUSINESS
December 28, 2005 | From Reuters
The U.S. Navy awarded Textron Inc.'s Bell Helicopter unit and Boeing Co. a $1-billion contract to buy components for 16 V-22 tilt-rotor aircraft through September 2009. The Pentagon had decided in September to accelerate production of the V-22, or Osprey.
BUSINESS
July 11, 2008 | From Times Wire Services
Boeing Co. said its second-quarter results would be hurt by a 22-cent-a-share charge for previously reported delays on a program to convert commercial aircraft to military surveillance planes. Boeing still forecasts profit of $5.70 to $5.85 a share this year and $6.80 to $7 in 2009, the Chicago-based company said.
BUSINESS
April 7, 2014 | By W.J. Hennigan
Boeing Co. announced plans to stop production of C-17 cargo jets at the company's sprawling Long Beach plant three months earlier than it previously anticipated. The aerospace giant said Monday it will shutter the 1.1-million-square-foot facility in mid-2015 due to “current market trends and the timing of expected orders.”  The plane maker had initially said that production would come to an end in late 2015. The company said it expects to record $50 million in accounting charges in the first quarter as a result of Monday's announcement.
BUSINESS
March 19, 2005 | From Bloomberg News
Boeing Co. gave pay raises last year to Alan Mulally and James Albaugh, who might be contenders to replace ousted Chief Executive Harry C. Stonecipher. Mulally, 59, head of Boeing's commercial-plane unit, had his salary and bonus boosted 7% to $1.29 million. Albaugh, 54, who leads the company's military division, got a 42% increase to $1.37 million, Boeing said in a government filing.
BUSINESS
January 12, 2006 | From Bloomberg News
Boeing Co. will spend $100 million to set up an aircraft maintenance facility in India as more carriers in the country purchase airplanes to expand. Boeing also agreed to spend 85 billion rupees ($1.9 billion) for equipment from India after Air India Ltd., the nation's biggest overseas airline, agreed to buy $11 billion worth of planes. Airlines in India ordered more than 200 planes valued at $24 billion last year.
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