“This is not going to be a major restructuring of the Boeing Company,” Ortberg said Jan. 28 while discussing fourth-quarter and full-year 2024 financial results.
The company on Jan. 23 announced its preliminary earnings for the fourth quarter of 2024, with total revenues of $5.4 billion and an operating margin of 41.9%.
The service announced Jan. 15 that it will buy four production representative test vehicles (PRTV) with fiscal 2025 research, development, test and evaluation funds.
A strategy used from 2011 to 2018 to win five fixed-price development programs with low-priced bids continues to haunt Boeing’s defense and space business.
Canada's procurement agency plans to fast-track its new fighter training program, awarding a contract within three years and introducing the jet by 2030.