Published on 31 May 2016
Boeing
shares are falling Monday after the announcement late last week that
the company will delay delivery of new KC-46 tankers to the U.S.
military. Boeing was supposed to deliver 18 KC-46 tankers by August
2017, but now that won't happen until early 2018. Analysts say the
announcement was a surprise since Boeing seemed confident about its
ability to deliver just three weeks ago at its annual investor day. The
$40 billion program is already more than $1 billion over budget,
according to analysts at Canaccord Genuity, which have a hold rating on
the stock.
http://www.4-traders.com/BOEING-CO-4816/
http://www.4-traders.com/BOEING-CO-4816/
#USNavy has begun air refueling tests for #Boeing P-8A aircraft. First contact: #USAF tanker. pic.twitter.com/Z1CBqtNZv0— Boeing Defense (@BoeingDefense) May 4, 2016
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