Boeing News

Boeing and Korean Air today announced an order for five 747-8 Intercontinental jetliners.

Recently in South Carolina, the first shovel of dirt was turned on the construction of a new plant for the second line of Boeinga s 787.

Northrop Grumman Corp. said Tuesday that it won't bid on a major contract to make a new Air Force tanker plane unless the Defense Department changes the rules.

HUNTSVILLE, Ala., Dec. 1, 2009 a ' The Boeing Company and the US Army successfully completed a test in September in which a laser system mounted on an Avenger combat vehicle destroyed 50 improvised explosive devices similar to those used by adversaries in war zones.

The Boeing Co. said Monday it has named Leanne Caret vice president for H-47 Chinook helicopter programs.

When Leo Howell started to work for The Boeing Co. 10 years ago, on-site dining was limited to "a little cafeteria line." There, Howell, a manufacturing engineer, would receive the same amount of the same food as, say, a 110-pound secretary or a burly sheet-metal worker.

The Boeing Co. won $8.6 million in federal stimulus money to develop software to help utilities improve transmission of electricity over large regions.

An airliner using a 50 percent biofuel mix in one engine has successfully completed a demonstration flight in the Netherlands.

In the earlier article , we stated that the mega-Fund manager PRIMECAP Management found value in the healthcare sector.

The Brualdi Law Firm, P.C. announces that a lawsuit has been commenced in the United States District Court for the Northern District of Illinois on behalf of purchasers of The Boeing Company stock during the period between May 4, 2009, through June 22, 2009 inclusive for violations of the federal securities laws.

The lawsuit is pending in the United States District Court for the Northern District of Illinois against Boeing and certain of its officers and directors.

In South Carolina, Boeing is on the fast track. In late October, the company announced its choice of South Carolina over Washington as the site of its next 787 Dreamliner assembly plant.

The Boeing Co. and its engineers union can't agree over education benefits. In September, Boeing said it would make changes to its tuition-reimbursement program this year.

A Kent Fire Department spokesman says Kent police and Boeing officials are investigating the death of a man at the Boeing plant in the south Seattle suburb.

ALBUQUERQUE, NM: The Boeing Company in May demonstrated the ability of mobile laser weapon systems to perform a unique mission: track and destroy small unmanned aerial vehicles .

The Boeing Co. faces two lawsuits over its delayed 787 Dreamliner. Although the company deems the lawsuits "without merit," Boeing says it will defend itself "vigorously." Last week, a firm filed a lawsuit in northern Illinois over the 787.

The Boeing Co. said Tuesday that it will be laying off about 250 employees. The layoffs, says San Antonio Boeing spokeswoman, Deborah VanNierop, are a result of the company losing the contract to do maintenance, modifications and upgrades on the KC-10 aircraft.

The Boeing Co. landed orders for its 737 single aisle aircraft on the third day of the Dubai Air Show.

Shares of Titanium Metals Corporation are up 9% on the day and 13% since our buy recommendation on November 4th.

PRIMECAP Management Buys Electronic Arts Inc., John Wiley & Sons Inc., Kellogg Company, Sells Data Domain, Inc., Interval Leisure Group, Inc., JPMorgan Chase & Co.