Boeing Stock Price, News & Analysis

Boeing reported a solid fourth-quarter performance with revenues of $20 billion, a 35% increase from the previous year, and $3.5 billion of operating cash flow. For the full year 2022, the company generated $66.6 billion in revenue, with a 7% growth year-over-year. The total backlog reached $404 billion, comprising over 4,500 commercial airplanes. Boeing reaffirmed its 2023 guidance, expecting $4.5-$6.5 billion operating cash flow and $3.0-$5.0 billion free cash flow. CEO Dave Calhoun highlighted strong demand and operational stability amidst ongoing challenges.

Boeing (NYSE: BA) has announced a seven-year partnership with the Kelly Heritage Foundation, investing $2.3 million to enhance STEM learning and workforce development in South Texas. This initiative aims to bolster the region's STEM talent and support programming at the San Antonio Museum of Science and Technology. Texas Governor Greg Abbott highlighted Boeing's significant role in the local economy, with a $6 billion impact and a workforce of 16,000. The investment underscores Boeing's commitment to the community and its plans for future workforce development in aerospace technologies.

Boeing (NYSE: BA) has been selected by NASA to lead the development and flight testing of a full-scale Transonic Truss-Braced Wing (TTBW) demonstrator airplane, under the Sustainable Flight Demonstrator (SFD) program. This initiative aims to enhance aerodynamics and fuel efficiency, potentially reducing emissions by up to 30% relative to current models. NASA is funding the project with $425 million, while Boeing and its partners are contributing up to $725 million. Previous investments by Boeing in sustainable aviation research total $110 million. The TTBW design is based on over ten years of collaborative development and testing.

Boeing reported 774 commercial orders in 2022, including 561 for the 737 family and 213 for twin-aisle aircraft. The company delivered 69 jets in December, totaling 480 for the year. CEO Stan Deal emphasized the stabilization of 737 production and the resumption of 787 deliveries as key achievements. The backlog for Commercial Airplanes stands at 4,578 jets as of December 31, 2022. Boeing's operations focus on stability and meeting customer commitments, particularly with strong demand for the 737 MAX and 787 Dreamliner.

The Boeing Company (NYSE: BA) announced substantial program deliveries for Q4 2022 across its commercial and defense sectors. Key highlights include the delivery of 152 commercial airplanes and 480 total for the full year 2022, with the 737 program leading with 110 units delivered in Q4. Defense deliveries included 5 new AH-64 Apache helicopters and multiple F-15 and F/A-18 models. Detailed financial results are expected on January 25, 2023.

Boeing Company [NYSE: BA] is set to release its fourth-quarter financial results for 2022 on January 25, 2023. CEO David Calhoun and CFO Brian West will present the results and company outlook in a conference call at 10:30 a.m. ET.

The call will be available via webcast and telephone. Investors can access the news release and presentation materials on Boeing's official website prior to the event.

BOC Aviation has announced an order for 40 additional Boeing 737-8 jets, expanding its MAX portfolio to a total of 80 aircraft. This decision aligns with BOC Aviation's strategy to invest in fuel-efficient, environmentally friendly airplanes demanded by airline customers. Boeing reports over 1,500 gross orders for the 737 MAX family since late 2020, reflecting robust market demand. The 737-8 offers improved fuel efficiency, flying 3,500 nautical miles and using 20% less fuel than previous models, which reduces CO₂ emissions significantly.