ADVFN - Advanced Financial Network.
HOME» NYSE » B » BA Stock Price » BA Stock News

Boeing Share News

 Boeing Co. (the) Stock Price
BA Stock Price
 Boeing Co. (the) Stock Chart
BA Stock Chart
 Boeing Co. (the) Stock News
BA Stock News
 Boeing Co. (the) Company Information
BA Company Information
 Boeing Co. (the) Stock Trades
BA Stock Trades

Boeing Defense Executive: Further US Defense-Budget Cuts Can Hurt Jobs

SINAGPORE -(Dow Jones)- Any further cuts in U.S. defense spending will have a devastating impact on suppliers and could potentially cause thousands of jobs to be lost, according to Boeing Co. (BA) executive Dennis Muilenburg Friday. Boeing's defense division had to shed about 8,000 jobs in the past two years following the first round of U.S. budget cuts and Muilenburg, who is president and chief executive for defense, space and security business, told reporters in Singapore. He said the loss of business in the company's biggest market is partially being offset by sales in other markets. He expects the share of revenue from international sales to rise to between 25 per cent and 30 percent in coming years with Asia Pacific accounting for roughly half of international sales. The company earned 24% of its defense revenue from outside the U.S. last year, he said. Muilenburg said South Korea is likely to finalize a contract for fighter jets by the end of this year. Boeing has offered it F-15 'Silent Eagle' jets. -By Gaurav Raghuvanshi, Dow Jones Newswires; (65) 6415 4154, Gaurav.Raghuvanshi@dowjones.com

Stock News for Boeing (BA)
DateTimeHeadline
04/23/201418:05:05Asian Morning Briefing: U.S. Stocks Drop
04/23/201417:02:14MARKET SNAPSHOT: U.S. Stocks Tumble; S&P 500 Ends 6-day Run
04/23/201415:47:47MARKET SNAPSHOT: U.S. Stocks Drift Lower
04/23/201415:15:34Boeing's Profit Slides on Pension Costs -- 3rd Update
04/23/201412:32:08Brazil's Azul to Add 11 Jets From Airbus
04/23/201410:40:12MARKET SNAPSHOT: U.S. Stocks Fall; PMI, Home Sales Disappoint
04/23/201410:35:11Boeing's Profit Slides on Pension Costs -- 2nd Update
04/23/201410:15:39MARKET SNAPSHOT: U.S. Stocks Fall; PMI Slips In April
04/23/201409:34:30U.S. Hot Stocks: Hot Stocks to Watch
04/23/201408:25:47Boeing's Profit Slides on Pension Costs -- Update
04/21/201417:31:21MARKET SNAPSHOT: Stocks Rise; S&P 500 In Longest Win Streak In...
04/21/201417:23:30California Stowaway Survives Flight to Hawaii in Plane's Wheel...
04/21/201417:23:19Ford Operating Chief Mark Fields to Become CEO -- Update
04/21/201417:20:09MARKET SNAPSHOT: U.S. Stocks Edge Up; Halliburton Rallies
04/21/201417:08:40MARKET SNAPSHOT: U.S. Stocks Pare Gains; Halliburton Rallies
04/21/201415:53:35MARKET SNAPSHOT: U.S. Stocks Rise As Results From Halliburton...
04/21/201406:06:07Air India To Clear 777-200 Fleet; Add More Dreamliners
04/20/201406:17:33MARKET SNAPSHOT: Long View On Stocks Is Best During Weak Earnings...
04/17/201403:54:57Lack of Plane Debris Keeps Families Hoping
04/14/201422:24:38Spirit AeroSystems, Boeing Agree to Tentative Supply Deal

Boeing and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad