Boeing Co News

The Navy and Air Force contracts represent multi-billion dollar opportunities for manufacturers.

The US Department of Commerce was due to finalize the proposed duties on Monday or Tuesday.

The Arrow 3, together with the Arrow 2, which has been operational since 2000, would "significantly reduce the possibilities of ballistic missiles" hitting Israel.

 Chinese airlines are likely to purchase planes worth $1.025 trillion over 20 years as they expand fleets to cater to robust growth in domestic and overseas tourism, Boeing Co said in a more bullish forecast of Chinese aviation demand.

 European aviation major Airbus on Thursday said India will require 1,600 planes, including 1,230 narrow body aircraft, valued at $224 billion in the next 20 years as the country logs the fastest growth globally coupled with an expected 8.4 percent per year growth in passenger traffic during this period.

Boeing Co and Airbus Group SE said on Thursday they expect Indian airlines to order up to 1740 jets over the next 20 years, as aircraft manufacturers eye one of the world`s fastest-growing aviation markets to offset any weaker sales elsewhere

 Boeing Co braced investors on Wednesday for a rough 2016, forecasting lower-than-expected earnings and fewer plane deliveries largely because of production changes needed to boost output later in the decade, news that sent its stock down sharply.

SpiceJet Ltd is in talks with Boeing Co and Airbus Group to acquire about 100 new narrow-body jets, its chief financial officer said on Wednesday, in a deal worth about $11 billion at list prices.

Boeing stock was down 0.2% at $145.61 in afternoon trading.