SPR - What's Going On With Boeing Stock? | Benzinga
Boeing Company (NYSE:BA) shares are trading slightly higher Tuesday, though the troubled company's stock remains down more than 30% year-to-date.
What To Know:
According to a Reuters report released Tuesday, Boeing's defense, space and security suppliers improved their on-time deliveries, but still did not meet requirements for satisfactory performance suppliers in 2023. The suppliers delivered 80% on-time in 2023, according to a spokesperson and a division executive’s online presentation viewed by Reuters.
According to a Bloomberg report, Boeing is considering the sale of two of its defense businesses in order to bolster the company's balance sheet. The assets reportedly being considered for sale are its Digital Receiver Technology, Inc. unit and the Argon ST subsidiary.
Boeing has reported it ...