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Boeing Posts $116 Million Third-Quarter Net Loss

By Drooid · · How we work

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Story summary
  • Boeing reported a third-quarter net loss of $116 million, or 26 cents per share.
  • Adjusted loss per share was 34 cents, missing analysts’ 21-cent loss expectation.
  • Defense unit revenue grew 15% to $7.94 billion, helping narrow the overall loss.
  • U.S. Navy awarded Boeing the sixth-generation F/A-XX fighter contract.
  • Federal Aviation Administration (FAA) certified the 737 MAX 10 passenger aircraft.