Boeing (BA: $186.07) adds $4 billion (3.9%) in MCap, top heavyweight rise in Aerospace sector; +$6.96 [3.9%] 16 July 2024

NEWS BITES - NORTH AMERICA

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The Boeing Company's (NYSE: BA $186.07) stock price gained $6.96 (3.9%) from its previous trading session to close at $186.07.

Compared with the S&P 500 Index which rose 28.7 points (0.5%) in the day, the relative price increase was 3.4%.

The Boeing Company is the NYSE's 2nd largest Aerospace company by market cap. It posted the highest rise in MCap $4.3 billion with the most influence on the Aerospace sector. Its MCap is $114.2 billion.

Today its volatility (highest price minus lowest price/lowest price) of 4.6% was 1.9 times its average daily volatility of 2.5%. Today the stock traded at its eight-day high of $187.44. The low for the day was $179.20.

There were 7,634,453 shares worth $1.4 billion traded today. The volume was close to average trading.

BOEING (BA) Stock Dashboard [traded in US Dollars, USD] End-of-Day Tue, Jul 16

http://www.boeing.com

Last$186.07Market Cap$114 billion
EPS (FY2023)($3.67)ExchangeNYSE [BATS, New York]
Shares Outstanding613,880,000% of shares outstanding63.7%
Institutional Ownership390,926,854SectorAerospace [of 20 stocks]
BA in IndicesS&P 500 [of 500 stocks]Independent RatingIn Clarivate's Top 100 Global Innovators
Today's Volume7,634,453Today's VI*1.0
Ave Daily Volume7,827,391 sharesPV$1000 (1 yr)$878
52-Week Price Range159.70 - 267.54

A year ago the Boeing share price was $211.87. $1,000 would have bought 4.7 Boeing share on that day. Those 4.7 Shares would be worth $878 at today's share price of $186.07. PV$1000= $878.

INDEX

SECTION 1 CORPORATE PROFILE AND INDEPENDENT RATINGS

SECTION 2 RECENT NEWS AND RESEARCH

SECTION 3 THE PAST YEAR: PRESS RELEASES

SECTION 4 INSTITUTIONAL OWNERSHIP UPDATED AFTER LAST SEC FILING Q1/2024 REPORTED ON MAY 18

SECTION 5 TODAY'S BULLISH SIGNALS

SECTION 6 ONGOING BULLISH PARAMETERS

SECTION 7 TODAY'S BEARISH SIGNALS

SECTION 8 ONGOING BEARISH PARAMETERS

SECTION 9 FINANCIALS FY 2023

SECTION 10 TOP MANAGEMENT AND BOARD OF DIRECTORS

Read more...

ANNEXURE

APPENDIX I DATA & ARCHIVE DOWNLOAD CENTER

APPENDIX II STOCK IDENTIFIERS

GLOSSARY

SECTION 1 CORPORATE PROFILE AND INDEPENDENT RATINGS

1.1 Activities

The Boeing Company (Boeing) is involved in the design, development, manufacture, sale and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services. The Company operates in five principal segments: Commercial Airplanes, Boeing Military Aircraft (BMA), Network and Space Systems (N&SS), Global Services and Support (GS&S) and Boeing Capital Corporation (BCC). BMA, N&SS and GS&S comprise the Company's Integrated Defense Systems (IDS) business. The Other segment classification principally includes the activities of Engineering, Operations and Technology (EO&T), an advanced research and development organization focused on technologies, processes and the creation of new products. In December 2008, Boeing announced that it has completed its acquisition of Federated Software Group, whose engineering services and software system help track and distribute equipment and personnel for the United States Department of Defense. It is the NYSE's 2nd largest Aerospace company by market capitalisation.

1.2 Independent Ratings and Relative Value Indicators

+ Clarivate 100:

The Boeing Company is ranked in the Top 100 innovators by Clarivate Analytics.

+ Just Capital:

It was ranked 447 in the Just Capital annual list of top 100 ESG stocks for 2022; it was ranked 8 in the Aerospace & Defense sector.

+ Fortune 500:

It is a new entrant in the Fortune list of Top 500 Global companies by Revenues in 2022, ranked 60.

+ Industryweek 1000:

It is a new entrant in the Industry Week list of the world's largest 1000 manufacturers by Revenues in 2016, ranked 29.

+ Newsweek 500:

It was ranked 65 by Newsweek and Corporate Knights Capital in the World's 500 Greenest Companies 2016. It had outstanding scores of 11.5% in Water productivity, 9.9% in Waste productivity and 8.2% in Carbon productivity.

+ PwC 100:

It is a new entrant in PwC's list of Top 100 Global companies; ranked 73rd by MCap as at March 31, 2015.

1.3 Contact Details

Websitehttp://www.boeing.com
Physical Address100 North Riverside Plaza,Chicago,IL,60606-1596
Phone+1 312 544-2000
Fax5442082
Emailcharles.n.bickers@boeing.com

1.4 U.S. Industry & Sector [of 309 stocks]

Classification LevelName of Sector
Economic SectorIndustrials
Business SectorIndustrial Goods
Industry GroupAerospace & Defense
IndustryAerospace & Defense

1.5 North American Industry Classification System [NAICS]

Code: 336411

Industry Title: Aircraft Manufacturing

SECTION 2 RECENT NEWS AND RESEARCH

Financial News

Quarterly Report (Q1/2024):

Release Date: April 24, 2024

Quarterly Report Analysis Q1 2024: Boeing reports 25% sequential fall in Quarterly Revenue

Boeing (NYSE:BA), announced total revenue of $16.6b for the quarter-ended 31 March 2024 [Q1/2024], down 25% from the previous quarter [Q4/2023] and down 7.5% from the year-earlier period [Q1/2023].

Quarterly Report (Q1 2024)

Quarter-ended31 Mar [Q1/2024]31 Dec [Q4/2023]30 Sep [Q3/2023]
EPS-56c-3.0c$-2.7
Revenue, $ billion16.622.018.1
Sequential growth in Revenue %-24.721.6-8.3
Net Profit, $-343million-23.0million-1.6billion

Compared with the Previous Corresponding Period [PCP; Q1/2023], year-over-year [y.o.y.] Revenue was down 7.5%.

Quarter-ended31 Mar [Q1/2024]31 Mar [Q1/2023]
Revenue, $ billion16.617.9
PCP growth in Revenue %-7.528.1

VI* Volume Index = Number of shares traded today/Average number of shares traded per day.

Past quarter momentum up: Boeing jumps 9.1% on below average volume 0.8 times average.

Past month to HighLowVWAPVolume Index *
16 Jul 2024191.50172.04181.300.8
17 Jun 2024192.63169.57181.110.8
17 May 2024185.38159.70173.461.0

[*Volume Index of 0.8 means volume for the month was 0.8 times its 12-month average]

[VWAP is defined as the Volume Weighted Average Price; High Low prices and VWAP are shown in US Dollars]

Stock Buzz

Other Publishers Buzz in the past week

JulHeadlinePublisher
Tue 16Deadly software glitches crashed two Boeing planes. The families of victims want justicefox43
Tue 16Judge in Boeing plea deal sets schedule for family objectionsSeeking Alpha
Tue 16Boeing CEO called NTSB chair to apologize after MAX probe rules violationReuters
Tue 16At least 30 injured after Boeing flight hits turbulence, sending passengers flyingGeelong Advertiser
Tue 16Here s Why Boeing Stock Slumped 30% in the 1st Half of 2024Nasdaq

Analyst Recommendations: Past 62 days

2024BrokeragePast RatingCurrent RatingPrev TargetPrice Target
Jun 25Deutsche Bank AktiengesellschaftBuyBuy225225
Jun 13Bank of AmericaNeutralNeutral180200
Jun 03Sanford C. BernsteinOutperformOutperform230215
Jun 03Robert W. BairdOutperformOutperform300240
May 15Stifel NicolausBuyBuy240240

SECTION 3 THE PAST YEAR: PRESS RELEASES

3.1 Press Releases and Corporate Wire

Press Release article 1 of 20, Source: Company Website, 163 words

July 03: Boeing to Release Second-Quarter Results on July 31

The Boeing Company [NYSE: BA] will release its financial results for the second quarter of 2024 on Wednesday, July 31.

President and Chief Executive Officer David Calhoun and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:30 a.m. ET.

The event webcast link is available on the Events and Presentations section of www.boeing.com/investors where the news release and presentation materials will be posted prior to the event. The event can also be accessed by dialing 1-877-692-8955 within the U.S. and by dialing 234-720-6979 outside of the U.S. The passcode for both is 3728271.

Individuals should check the webcast site prior to the session to ensure their computers can access the audio stream and slide presentation. Instructions for obtaining the required free downloadable software will be posted on the site.

Source: Company Website

Press Release article 2 of 20, Source: Company Website, 300 words

July 02: Turkish Airlines Orders Four More Boeing 777 Freighters

Boeing [NYSE: BA] and Turkish Airlines today announced an order for four 777 Freighters to further strengthen the airline's position in the global air cargo market. With this order, Turkish Airlines will operate 12 777 Freighters.

"This new investment in expanding our cargo fleet underscores our commitment to meeting the growing global demand for air freight services," said Turkish Airlines Chief Cargo Officer Ali Turk. "The addition of these Boeing 777 Freighters will not only enhance our operational capabilities, but also serve as another step in our strategic vision to reach the top of air cargo sector worldwide while maintaining our leading position with our unparalleled service and efficiency for our customers across the globe."

[Boeing Turkish Airlines] View File Download File Boeing Turkish Airlines

Turkish Airlines' purchase of additional 777 Freighters will help the carrier meet growing demand for freight services, driven by the rapid growth of e-commerce and the need for efficient and reliable transportation across the globe. The new freighters will enable Turkish Airlines to optimize its cargo operations, reduce costs and deliver goods to destinations worldwide on time.

"We are proud to continue our long-standing partnership with Turkish Airlines and support its expansion of cargo operations with the addition of Boeing 777 Freighters," said Paul Righi, vice president of Boeing Commercial Sales for Eurasia. "The 777 Freighter's payload capacity, range and flexibility will enable Turkish Airlines to deliver exceptional customer service while maximizing operational efficiency."

The Boeing 777 Freighter is the world's most capable twin-engine freighter with a maximum payload capacity of 102 metric tons (112 tons) and a range of 9,200 kilometers (4,970 nautical miles).

With more than 265 deliveries, the 777 Freighter is Boeing's best-selling freighter airplane of all time.

Press Release article 3 of 20, Source: Company Website, 237 words

July 01: Boeing Delivers First CH-47F Block II Chinook Aircraft to U.S. Army

In support of ongoing U.S. Army modernization efforts, Boeing [NYSE: BA] delivered the first CH-47F Block II Chinook. The aircraft is one of up to 465 in the Army's fleet that will be modernized to the new Block II configuration.

"The CH-47F Block II provides capability improvements allowing the U.S. Army to lift more, fly farther and maintain their aircraft better than ever before," said Heather McBryan, vice president and program manager, Cargo Programs. "This modernization program enables the battle-tested Chinook to play a key role in multi-domain operations going forward."

View File Download File

With an improved drivetrain, a reinforced airframe and enhanced fuel system, the CH-47F Block II provides for an additional 4,000 pounds of max gross weight and extends the mission radius for nearly all payloads. In addition to the capability improvements, the aircraft's design enables future technology upgrades.

"As the Army's Heavy Lift platform of tomorrow, the CH-47F Block II provides increased capability while continuing support of the Army's requirement to remain strategically responsive across the full spectrum of operations," said Viva Kelly, U.S. Army Cargo Helicopters acting project manager.

Additionally, the company's Block II program improves aircraft sustainment. The improved reliability of the new rotor system minimizes unscheduled maintenance, and the simplified fuel system drives sustainment efficiency reducing maintenance burden and cost.

Source: Company Website

Press Release article 4 of 20, Source: Company Website, 338 words

July 01: Boeing CEO Message to Employees on Spirit AeroSystems Acquisition

Boeing [NYSE: BA] President and CEO Dave Calhoun shared the following message with all employees today:

I'm pleased to announce that we've reached a definitive agreement to acquire Spirit AeroSystems. We believe this deal is in the best interest of the flying public, our airline customers, the employees of Spirit and Boeing, and the country more broadly.

By once again combining our companies, we can fully align our commercial production systems, including our Safety and Quality Management Systems, and our workforce to the same priorities, incentives and outcomes - centered on safety and quality. This is an opportunity to bring back critical airplane manufacturing work on Boeing airplanes into our factories - where Boeing and Spirit world-class engineers and mechanics can work seamlessly together, focused on a common mission to build safe and quality airplanes for our customers.

Among the many actions we're taking as a company, this is one of the most significant in demonstrating our unwavering commitment to strengthen quality and make certain that Boeing is the company the world needs it to be.

Our acquisition of Spirit will include substantially all Boeing-related commercial operations, as well as additional commercial, defense and aftermarket operations. As part of the transaction, Boeing will work with Spirit to ensure the continuity of operations supporting Spirit's customers and programs we acquire, including working with the U.S. Department of Defense and Spirit defense customers regarding defense and security missions.

As we work to secure the necessary regulatory approvals, Boeing and Spirit will remain independent companies, but we will continue to work collaboratively with Spirit and its leadership to strengthen the quality and safety of Boeing's commercial airplanes.

The transaction is expected to close mid-2025 and is subject to the sale of the Spirit operations related to certain Airbus commercial work packages and the satisfaction of customary closing conditions, including regulatory and Spirit shareholder approvals.

As I've said before, we will be measured one airplane at a time.

Press Release article 5 of 20, Source: Company Website, 381 words

July 01: Boeing to Acquire Spirit AeroSystems

Boeing [NYSE: BA] today announced it has entered into a definitive agreement to acquire Spirit AeroSystems [NYSE: SPR]. The merger is an all-stock transaction at an equity value of approximately $4.7 billion, or $37.25 per share. The total transaction value is approximately $8.3 billion, including Spirit's last reported net debt.

Each share of Spirit common stock will be exchanged for a number of shares of Boeing common stock equal to an exchange ratio between 0.18 and 0.25, calculated as $37.25 divided by the volume weighted average share price of Boeing shares over the 15-trading-day period ending on the second trading day prior to the closing (subject to a floor of $149.00 per share and a ceiling of $206.94 per share). Spirit shareholders will receive 0.25 Boeing shares for each of their Spirit shares if the volume-weighted average price is at or below $149.00, and 0.18 Boeing shares for each of their Spirit shares if the volume-weighted average price is at or above $206.94.

"We believe this deal is in the best interest of the flying public, our airline customers, the employees of Spirit and Boeing, our shareholders and the country more broadly," said Boeing President and CEO Dave Calhoun. "By reintegrating Spirit, we can fully align our commercial production systems, including our Safety and Quality Management Systems, and our workforce to the same priorities, incentives and outcomes - centered on safety and quality."

Boeing's acquisition of Spirit will include substantially all Boeing-related commercial operations, as well as additional commercial, defense and aftermarket operations. As part of the transaction, Boeing will work with Spirit to ensure the continuity of operations supporting Spirit's customers and programs it acquires, including working with the U.S. Department of Defense and Spirit defense customers regarding defense and security missions.

"We are proud of the role Boeing plays in supporting our men and women in uniform and are committed to ensuring continuity for Spirit's defense programs," said Calhoun.

Airbus SE and Spirit have also entered into a binding term sheet under which Airbus will acquire, assuming the parties entered into definitive agreements and receipt of any required regulatory approvals, certain commercial work packages that Spirit performs for Airbus concurrently with the closing of the Boeing-Spirit merger.

Press Release article 6 of 20, 92 words

June 27: BA Boeing Completes F/A-18 Super Hornet Upgrade Ahead of Schedule

ST. LOUIS, June 27, 2024 - Boeing [NYSE: BA] has completed the upgrade and life extension of the first two service life modification (SLM) F/A-18 Block III Super Hornets, delivering them to the U.S. Navy one month ahead of schedule from St. Louis and two months ahead of schedule from San Antonio. The upgraded jets have the same capabilities as Super Hornets being delivered from Boeing's new-build production line.

Source: Company Website

Press Release article 7 of 20, Source: Company Website, 287 words

June 25: Boeing 2024 Sustainability & Social Impact Report Shows Steady Progress for People and Planet

Boeing [NYSE: BA] today released its 2024 Sustainability & Social Impact Report, outlining our progress in support of our people, our environment, and our communities.

"We're honored to share the steady progress we've made on sustainability, which will always be anchored in safety and quality," said Boeing Chief Sustainability Officer Brian Moran. "As we recommit to these fundamental values, it is energizing to see our company's focus on helping our industry decarbonize while uplifting our communities and driving a culture of inclusion where everyone's voice is heard."

Progress points in this year's report include:

39% of energy for Boeing's operations was sourced from renewable electricity in 2023 through a combination of direct purchases and renewable energy credits. A 6.4-point increase in the percentage of our U.S. workforce that is made up of racial/ethnic minorities, and a 1.2-point increase in the percentage of Boeing's global workforce that is women, both since 2020. 100,000-hour increase in employee volunteer hours in 2023, totaling 477,000 hours invested into charitable causes worldwide. $60 million in employee donations, including a boost from the Boeing Gift Match Program to charitable organizations. 100+ influential stakeholders engaged, and 20 major events supported with the Boeing Cascade Climate Impact Model that analyzes aviation's strategies to cut emissions.

Boeing has been evolving its carbon management approach to an 'avoid first, remove second' strategy.

Avoiding first entails the prevention of carbon emissions by reducing and/or avoiding those emissions at the source, for example, by continuing to invest in renewable energy and efficient infrastructure while encouraging resource conservation.

Removing second means utilizing offsets and removals for hard to abate emissions.

Press Release article 8 of 20, Source: Company Website, 316 words

June 18: Boeing President and CEO Dave Calhoun Addresses the U.S. Senate Permanent Subcommittee on Investigations

Boeing [NYSE: BA] President and CEO Dave Calhoun submitted the following written testimony to the U.S. Senate Committee on Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations.

Written Testimony of David L. Calhoun

June 18, 2024

Chairman Blumenthal, Ranking Member Johnson, Members of the Subcommittee, thank you for inviting me to appear before you today along with Boeing Chief Engineer, Howard McKenzie.

Before I begin my opening remarks, I would like to speak directly to those who lost loved ones on Lion Air Flight 610 and Ethiopian Airlines Flight 302. I want to personally apologize, on behalf of everyone at Boeing. We are deeply sorry for your losses. Nothing is more important than the safety of the people who step on board our airplanes. Every day we seek to honor the memory of those lost through a steadfast commitment to safety and quality.

Nearly every second, a Boeing commercial or defense product takes off and lands somewhere around the world, making us responsible for the safety of millions of passengers and flight crews every day, including our men and women in uniform.

Aerospace safety is built on a robust industrywide system that relies on self-disclosure, accountability, and continuous learning. This scrutiny - to be held to the highest standard - is fundamental to why commercial aviation is the safest mode of transportation today.

I come from this industry, and I know full well that this is an industry where we simply must get it right, every time.

I've served as President and CEO of Boeing since January 2020.

I joined the aviation industry as president and CEO of GE Aircraft Engines. My introduction to aerospace safety was after the tragic accident in 1989 of United Airlines Flight 232 in Sioux City, Iowa, due to an uncontained engine failure.

Press Release article 9 of 20, Source: Company Website, 284 words

June 11: Boeing to Open Daytona Beach Location

Boeing [NYSE: BA] will operate a new engineering facility within the Cici & Hyatt Brown Center for Aerospace Technology at Embry-Riddle Aeronautical University in Daytona Beach, Fla. Initial plans for the location call for Boeing employees to perform engineering work for military aircraft programs and advanced technology capabilities.

"Expanding both our footprint in Florida and partnership with Embry-Riddle will accelerate innovation across our combat aircraft programs," said Steve Nordlund, Boeing Air Dominance vice president and general manager. "We expect this location to be attractive to not only Embry-Riddle graduates, but also to established aerospace engineers from across Florida and around the nation."

View File Download File

Boeing plans to begin hiring for approximately 200 high-paying engineering jobs this year and forecasts nearly doubling that total over the next few years. Work is expected to span Boeing's defense and government services portfolios, with a focus on engineering design, research, development and prototyping capabilities.

"Today is a momentous day - not just for Embry-Riddle or for the city of Daytona Beach, but for all of Florida," said Mori Hosseini, chairman of Embry-Riddle's Board of Trustees. "Four hundred people and their loved ones will live and work here, invest in our local economy and, more broadly, in the future of aviation and aerospace. It's an incredible impact, and it wouldn't have been possible without Cici and Hyatt Brown."

Boeing is also making a $100,000 investment in several Volusia County nonprofit organizations. The company will provide funding to support the Second Harvest Food Bank of Volusia County Schools Partnership Program, which offers a student-centered approach to increasing access to nutritious food for students facing hunger.

Press Release article 10 of 20, Source: Company Website, 211 words

June 06: Boeing Starliner Spacecraft Completes Successful Crewed Docking with International Space Station

NASA astronauts Barry "Butch" Wilmore and Sunita "Suni" Williams successfully docked Boeing's [NYSE: BA] Starliner spacecraft to the International Space Station (ISS), about 26 hours after launching from Cape Canaveral Space Force Station. The astronauts monitored Starliner as it autonomously conducted a series of maneuvers to steadily bring the spacecraft closer to the orbiting laboratory before docking.

On the way to the ISS, the crew completed a series of tests including manually flying Starliner for the first time in space. The two Starliner astronauts, who are joining seven others currently living on the station, will assist with various tests and conduct scientific experiments while in space.

[Starliner-Docking Boeing] View File Download File Starliner-Docking Boeing

"It is both amazing and humbling to join the fleet of commercial spacecraft capable of conducting crewed transportation services to and from the space station for NASA. Our teams have done some great work to get us to this point," said Kay Sears, vice president and general manager of Space, Intelligence & Weapon Systems for Boeing Defense, Space & Security.

After spending about a week on orbit, Wilmore and Williams will board Starliner and return home.

Source: Company Website

Press Release article 11 of 20, 88 words

June 05: BA Boeing Starliner Spacecraft Completes Successful Launch

CAPE CANAVERAL, Fla., June 5, 2024 /PRNewswire/ -- NASA astronauts Barry "Butch" Wilmore and Sunita "Suni" Williams became the first people to launch to orbit inside a Boeing [NYSE: BA] Starliner, lifting off from the Cape Canaveral Space Force Station at 10:52am ET and embarking on a 25-hour flight to the International Space Station (ISS). The launch marks the beginning of the NASA-Boeing Starliner Crew Flight Test (CFT).

Source: Company Website

Press Release article 12 of 20, Source: Company Website, 313 words

June 04: Arajet Takes Delivery of its 10th Boeing 737 MAX as Carrier Expands International Routes

Arajet's 10th Boeing [NYSE: BA] 737 MAX arrived today in Santo Domingo, Dominican Republic as the airline continues to grow its fuel-efficient fleet. This 737-8 delivery through a lessor supports Arajet's growth strategy throughout the Americas as the airline plans to more than double its routes in the next few years.

"This tenth aircraft is unique, not only because it has a special Dominican ribbon painted on the fuselage, but because it will increase the number of connections we make with the continent. We are reaffirming our commitment to democratize the skies and be able to connect all our countries with the lowest possible prices," said Victor Pacheco Mendez, CEO and founder of Arajet.

View File Download File

Since launching in 2022, Arajet has grown its all-737 MAX fleet to serve 23 destinations in 16 countries, including Canada, Mexico and Argentina. Arajet's performance earned it recognition as the Startup Airline of the year at the World Aviation Summit in 2023.

With 737-8 jets that can fly up to 3,500 nautical miles, the airline operates some of the longest routes in the region ─ efficiently connecting the Caribbean to North and South America.

"The versatility and efficiency of the 737 MAX supports Arajet's commitment to provide safe, affordable travel for its customers," said Mike Wilson, Boeing vice president of Commercial Sales for Latin America and the Caribbean. "By introducing the 10th 737-8 to its fleet, Arajet reaches an important milestone as the airline further connects the Dominican Republic with the rest of the Americas."

Powered by CFM International LEAP-1B engines and advanced technology winglets, the 737 MAX reduces fuel use and emissions by 20% compared to airplanes it replaces. It can fly farther than prior generation airplanes and has a 50% smaller noise footprint.

Press Release article 13 of 20, Source: Company Website, 213 words

May 25: Boeing issues 3rd Annual Safety Report

Employee use of Speak Up tool increased by 500% in early 2024 - Developed machine-learning algorithms with the FAA to identify emerging hazards and safety trends - Doubled Boeing flight operations engagements with more than 170 global carriers - Progress underway on FAA expert panel recommendations

today released its third annual report about the company's progress to strengthen product safety, with a focus on improving its safety culture and working across industry to reduce safety risk.

The report summarizes continued work on long-term initiatives with customers and across industry and changes the company is making that address recommendations by the Congressionally authorized and FAA-initiated expert panel.

"We are entrusted with the safety of all those who fly on, use, operate and maintain our products. Our actions are focused on making further improvements to ensure safety, compliance and conformance of our products and services, without compromise," said Mike Delaney, Boeing Chief Aerospace Safety Officer. "Our commitment is to never forget our responsibility to make sure every action and decision bring lasting improvements to the safety and quality of our products and services."

The 2024 CASO report includes Boeing long-term actions and milestones achieved over the last 12 months

Source: Company Website

Press Release article 14 of 20, Source: Company Website, 282 words

May 25: Boeing, GKN Aerospace Close Deal for St. Louis Site

Boeing [NYSE: BA] has closed a deal with GKN Aerospace St. Louis and its parent company, Melrose Industries, to continue the manufacturing of critical components that support the U.S. government and its allies.

The agreement between Boeing and GKN immediately transitions the St. Louis site's capabilities and operations in support of the F/A-18 and F-15 programs to Boeing. Additionally, nearly the entire GKN St. Louis workforce - approximately 550 people - have been hired by Boeing.

"Boeing is growing across the region with a healthy backlog of current programs while also seeking future opportunities," said Steve Parker, Senior Vice President & Chief Operating Officer of Boeing Defense, Space & Security. "This agreement allows us to not only deliver for our customers, but also gives the highly skilled GKN workforce the opportunity to bring their immense talents to bear in support of the warfighter and the St. Louis defense and aerospace industry. This is a win-win-win for those employees, Boeing, and the broader Saint Louis community."

Financial details will not be disclosed in accordance with the terms of the transaction.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Join our team and find your purpose at

Source: Company Website

Press Release article 15 of 20, Source: Company Website, 272 words

May 25: Boeing Opens Research & Technology Center in Japan

The Nagoya BR&T center also features a robotics lab where engineers can explore ways to help improve worker safety, ergonomics and quality in Boeing production.

Boeing Japan's Supply Chain and Supplier Quality teams are co-located in the facility, supporting efficiencies with the BR&T team in developing innovative solutions.

"Today's announcement underscores our commitment to growing our presence in Japan, which already has our largest supplier base outside of the U.S.," said Will Shaffer, president of Boeing Japan. "Together with our Japanese partners we will continue to support production and sustainment across our portfolio of commercial and defense aircraft; invest in digital engineering and advanced manufacturing capabilities to create a more resilient and competitive industry; and together drive sustainability and innovation, forge new partnerships, and find new ways to collaborate."

This is the twelfth BR&T Center internationally that leverages global source technology. Our global centers improve the yield of Boeing research and development investments. As the advanced central research and development organization of The Boeing Company, Boeing Research & Technology (BR&T) provides innovative technologies that enable the development of future aerospace solutions while improving the cycle time, cost, quality and performance of existing Boeing products and services.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future,

Source: Company Website

Press Release article 16 of 20, Source: Company Website, 326 words

May 25: Boeing Donates $200,000 to Support Flood Recovery and Relief Efforts in Brazil

Boeing Donates $200,000 to Support Flood Recovery and Relief Efforts in Brazil

Boeing [NYSE: BA] is committing $200,000 from the Boeing Charitable Trust to assist with recovery and relief efforts following the recent flooding in Brazil. Funds will support the BrazilFoundation's Rio Grande do Sul Humanitarian Campaign to provide immediate humanitarian aid and ongoing efforts to rebuild in the region.

"In face of their significant adversity, we stand in solidarity with the people of Rio Grande do Sul," said Dr. Brendan Nelson AO, president of Boeing Global. "Through these funds, Boeing is committed to aiding the flood victims and supporting efforts to rebuild the state."

"We are humbled by the outpouring of support we have received on behalf of the people of Rio Grande do Sul," said Rebecca Tavares, CEO and president of BrazilFoundation. "We are providing humanitarian aid focused on rescue, water, food, medicine, and sanitary supplies and are preparing for the long-term reconstruction of the region. We are grateful for Boeing's solidarity during this time of crisis."

In addition to corporate charitable investments, Boeing employees give to their local communities by participating in volunteer and charitable gift match programs. Consistent with Boeing employee gift match programs, the company will match qualifying employee contributions made in support of relief efforts.

Disaster recovery and relief efforts in Brazil align with Boeing's ongoing commitment to the communities where the company has a presence. Brazil is home to one of 15 Boeing engineering centers around the world that develop cutting-edge technology to drive aerospace innovation. Boeing Brazil also supports airline customers, leads aerospace research and sustainability efforts in the country. Boeing has provided $5 million in charitable contributions over the last 10 years in Brazil.

As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries.

Press Release article 17 of 20, Source: Company Website, 38 words

May 25: Boeing CEO Message to Employees: Taking Action to Strengthen Safety and Quality

Boeing CEO Message to Employees: Taking Action to Strengthen Safety and Quality

Source: Company Website

Press Release article 18 of 20, Source: Company Website, 97 words

May 25: Boeing Statement on U.S. Air Force Collaborative Combat Aircraft Announcement

today issued the following statement:

"While we are disappointed that we won't be moving forward in this phase of the U.S. Air Force's Collaborative Combat Aircraft program, we are undeterred in our commitment to providing next-generation autonomous combat aircraft for U.S. and global military customers. Work continues on our robust and growing autonomous family, including the MQ-25 Stingray and future derivatives, the MQ-28 Ghost Bat, and a number of proprietary programs we can't disclose."

Source: Company Website

Press Release article 19 of 20, Source: Company Website, 61 words

May 25: Boeing ecoDemonstrator to test technologies to improve cabin recyclability, operational efficiency

Sustainable cabin technologies include seat cushion sensors to reduce crew workload and smart galley tools to improve efficiency, reduce waste

Other projects focus on single-engine taxi and digital taxi tests to reduce fuel usage and enhance safety

Source: Company Website

Press Release article 20 of 20, Source: Company Website, 301 words

May 25: Boeing T-7A Red Hawk Triples Progress

Escape System Test: Boeing and the Air Force conducted a dynamic sled test in February at Holloman Air Force Base in New Mexico. The test focused on design enhancements in the Collins Aerospace, an RTX business, ACES 5 ejection seat and Pacific Scientific EMC's canopy fracturing system to reduce the risk of injury. During the test, the team implemented variable timing to slow down the ejection seat, using the drogue chute and investigated canopy fracturing system patterns. The team is now preparing to move forward with the next round of development testing.

Flight Control Law: Boeing completed development in February of a new software flight control law and since then, has flown the aircraft more than 10 times, reaching 25-degree angle of attack. Additionally, three of those flights demonstrated the aircraft's ability to achieve fine tracking while in high angle of attack, a key capability for pilot training. Incorporation of control law 17.5 clears the path for the Air Force to start high angle of attack and departure resistance testing at Edwards Air Force Base.

"The T-7A Red Hawk is poised to revolutionize pilot training, delivering enhanced safety, performance and adaptability, and completing these three milestones shows significant progress in the program's development," said Evelyn Moore, vice president and program manager, T-7 Programs. "We will continue with flight testing and the next round of escape system testing throughout this year and into 2025."

While the T-7A Red Hawk continues to progress in testing and flight completions, Boeing is also building a new production line for low-rate initial production (LRIP) of the T-7A. The company is slated to load the first forward and aft fuselages for LRIP midyear as suppliers are already underway developing parts for production.

3.2 Boeing issued 301 new patents in the past quarter

Boeing (BA) has been issued 301 new patents by the USPTO & EPO.

This corresponds to an average of 100 patents a month, down 32.9% from an average of 149 patents per month in 2023.

To view details, click on link shown in the APPENDIX I DATA & ARCHIVE DOWNLOAD CENTER.

SECTION 4 INSTITUTIONAL OWNERSHIP UPDATED AFTER LAST SEC FILING Q1/2024 REPORTED ON MAY 18

Institutional Ownership as at Mar 31, 2024

4.1 Reported holdings of institutions end of quarter

As at March 31, 2024 institutions had increased their holdings to 63.7% of issued capital, up from 58.8% nine months ago.

Quarter - endedMar 31Dec 31, 2023Sep 30, 2023Jun 30, 2023
% of issued capital63.764.460.558.8

4.2 Top 5 Institutional Ownership of Boeing as at March 31, 2024

As at March 31, 2024, 2101 Institutions (Funds) held investments in shares of Boeing. Institutions decreased their holdings to 63.7% of issued capital, down from 64.4% as at Dec 31. The largest shareholder was Vanguard Group Inc. with 8% of Boeing. The second largest shareholder was Blackrock Inc. with 6%.

*Note: Minimum Core Shareholding is computed on the basis of SEC filings over the last 12 quarters (3 years). A higher % of shareholding above the minimum core holding may be indicative of a potential positioning by an active institution to overweight.

Boeing Top 3 Active Funds (in desc order of Shares) hold 17.7% [second last column shows % above minimum core shareholding; last column shows percentile rank by AUM (Assets Under Management) among 7098 Funds]. Please download the spreadsheet to view full list of 1079 Active Funds holding 47.1% of Boeing as at March 31, 2024.

FundShares% of TotalValue $% above Core*Percentile rank
Vanguard Group Inc. (0000102909)49,724,77089.6 B17100
Blackrock Inc. (0001364742)37,171,27567.2 B21100
FMR LLC (0000315066)22,066,89144.3 B84100
% Held by Top 3 Institutional shareholders108,962,93617.721 B--

Boeing Top 2 Index Funds (in desc order of Shares) hold 9.5% [second last column shows % above minimum core shareholding; last column shows percentile rank by AUM (Assets Under Management) among 7098 Funds]. Please download the spreadsheet to view full list of 1023 Index Funds holding 16.6% of Boeing as at March 31, 2024.

FundShares% of TotalValue $% above Core*Percentile rank
Newport Trust Co (0001722329)31,251,55156 B-97
State Street Corporation (0000093751)27,069,37845.2 B5100
% Held by Top 2 Institutional shareholders58,320,9299.511.3 B--

4.3 Institutional ownership of BA at Mar 31: Connor, Clark & Lunn Investment Management top increase of 11,242%

As at March 31, 2024, 716 institutions or 34.1% of BA's institutional shareholders had increased their holding of shares in Boeing from December 31. The top increase was by Connor, Clark & Lunn Investment Management which increased its holding by 254,860 shares, or 11,242.2% to 257,127 shares.

Top 5 Increases [March 31, 2024 vs December 31, 2023]

Value is shown in the table below at March 31 BA share price of $192.99.

Institution (CIK)SharesValue, $% increase
Connor, Clark & Lunn Investment Management Ltd. (0001596800)254,86052.2 M11,242.2
Qube Research & Technologies Ltd (0001729829)948,618194.2 M10,073.5
Centiva Capital, LP (0001692507)17,0853.5 M8,542.5
Richardson Capital Management LLC (0001621646)27055,2875,400.0
PEAK6 Investments LLC (0001756111)288,73859.1 M5,112.2
Total1,509,571309.1 million-

4.4 Institutional ownership of BA at March 31, 2024: Massachusetts Financial Services top increase by worth

Top 5 Increases by worth [March 31, 2024 vs December 31, 2023]

Value is shown in the table below at March 31 BA share price of $192.99.

Institution (CIK)SharesWorth Change, $
Massachusetts Financial Services (0000912938)7,020,6281.4 B
Loomis Sayles & Co LP (0000312348)2,892,277592.2 M
Pentwater Capital Management LP (0001425851)1,484,324303.9 M
FMR LLC (0000315066)1,453,152297.6 M
Wellington Management Group LLP (0000902219)1,334,240273.2 M
Total14,184,6212.9 billion

4.5 Institutional ownership of BA at Mar 31: NVWM top decrease of 100%

941 Institutional shareholders decreased their holdings in Q1/2024. The top decrease was NVWM who reduced their shareholding in Boeing by 4,048 shares (99.9%) from 4,052 as at December 31 to 4 as at March 31.

Top 5 Decreases [March 31, 2024 vs December 31, 2023]

Value is shown in the table below at March 31 BA share price of $192.99.

Institution (CIK)SharesValue, $% Decreases
NVWM, LLC (0001697274)4,048(828,892)-99.9
Robbins Farley, LLC (0001847820)11,689(2.4 M)-99.9
ORG Partners LLC (0001979372)4,076(834,625)-99.8
Jump Financial, LLC (0001831577)32,802(6.7 M)-99.3
Tidemark, LLC (0002009591)382(78,221)-99.2
Total52,997(10.9 million)-

4.6 Institutional ownership of BA at Mar 31: Focus Financial Network top new shareholder

An analysis conducted after the mid - quarter deadline of May 18 for Q1 SEC filings by 7111 institutions shows that there were 5 new institutional shareholders. Focus Financial Network (2010942) was the largest new shareholder with 16,370 shares valued at $3.2 million as at March 31.

Top 5 New shareholders as at March 31, 2024

Value is shown at price of March 31, 2024 (in desc order of Shares)

Value is shown in the table below at March 31 BA share price of $192.99.

Institution (CIK)SharesValue, $
Focus Financial Network, Inc. (0002010942)16,3703.2 M
Oxford Wealth Group, LLC (0002007082)6,0331.2 M
Wealth Group, Ltd. (0002013988)5,3271 M
Gen-Wealth Partners Inc (0002023375)4,972959,546
RW Investment Management LLC (0001631627)4,391847,419
Total37,0937.2 million

4.7 Boeing - Exits: Institutional shareholders as at March 31, 2024

Top 5 Exits in Q1/2024 (in desc order of shares)

Institution (CIK)SharesValue, $
Moneta Group Investment Advisors LLC (0001120927)19,1345 M
GW & Wade (0001132556)8,9692.3 M
Cambridge Trust Co1 (0001074272)7,6152 M
Wedgewood Investors Inc. /PA (0001125243)2,330607,338
Headinvest, LLC (0001372130)2,304600,561
Total40,35210.5 million

Please view detailed Institutional Shareholders - Categorised and Complete List in DATA & ARCHIVE DOWNLOAD CENTER

SECTION 5 TODAY'S BULLISH SIGNALS

Brand Value/Enterprise Value:

- Brandirectory have estimated Boeing brand value at $9.2 billion. The Brand Value represents 5.6% of the estimated Enterprise Value of $166.5 billion. Enterprise Value is defined as MCap of $114.2 billion plus net debt of $52.3 billion.

5.1 PAST WEEK: WEAK MOMENTUM UP

BA strengthens 1.5% on weak volume 0.7 times average. Compared with the S&P 500 Index which rose 83.0 points (or 1.5%) in the week, the relative price increase was 0.1%.

The price ranged between a high of $186.07 on Tuesday Jul 16 and a low of $179.11 on Monday Jul 15.

JulBoeingClose [$]Change %Comment
Tue 16Adds $4 billion (3.9%) in MCap, top heavyweight rise in Aerospace sector186.073.9Top Rise; RPC=3.4%
Mon 15Down 2.6% in 2 days179.11-1.8Steepest Fall
Fri 12In bottom 5% performers of S&P 500 Index182.31-0.9Price fall on slipping relative strength
Thu 11Increases183.910.1Rises for a second consecutive day
Wed 10Increases183.730.3

* RPC - Relative Price Change is % price change of stock less % change of the S&P 500 Index.

5.2 Uptrend

Beta > 1 combined with price rise. The Beta of the stock is 1.1.

Positive MACD:

- The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 183.04 minus the 26-day EMA of 182.29 is positive, suggesting a bullish signal. Both the 12-day EMA as well as the 26-day EMA are rising, another bullish signal.

Past Quarter:

- The shares had their best quarter in six quarters since the quarter ended January 13, 2023.

5.3 Other Bullish Signals

MCap/Total Assets:

- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.8. Compared with the rest of the market the stock is undervalued.

SECTION 6 ONGOING BULLISH PARAMETERS

6.1 Rank in the top 99% by Liquidity in the NYSE market

DescriptionValueRank
Ave daily turnover$1.4 billionIn top 99%

6.2 Rank in the top 6% by Size in the NYSE market

DescriptionValueRank
Ave daily Turnover$1.4 billionIn Top 2%
Tr 12 months Revenue$76.4 billionIn Top 4%
MCap$114 billionIn Top 6%

6.3 Present Value of $1000 Invested in the Past 3 Months; The Best Period with PV$1000 > 1,090

PV$1,0003 mo ago
BA.NYSE$1,091
Aerospace sector$1,064
S&P 500 Index$1,126

6.4 Created Market Value [CMV] past 16 yrs of $61.5 billion

- Market Capitalization has increased by $67.4 billion from $46.8 billion to $114.2 billion in the last 16 years. This increase comprises cumulative retained earnings (RETE) of $5.9 billion and Created Market Value of $61.5 billion. The Created Market Value multiple, defined by the change in MCap for every $1 of retained earnings is exemplary at $11.47.

6.5 BA.NYSE Annualised Period-based Total Shareholder Returns [TSR %]: The Best Periods with TSR > 5.8%

10 yrs20 yrs30 yrs
5.998.5

6.6 Increased VWAP

In the past five years Volume Weighted Average Price (VWAP) has increased by 4.0% to $201.72.

Past five years, 12 months ended Jul 16 (USD)

YearHigh PriceVWAPLow Price
2024267.54201.72159.7
2023223.91181.76120.99
2022241.15189.91113.02
2021278.57202.78141.58
2020386.43194.0489.0

6.7 - Revenue growth rate is positive and has seen consecutive rises in recent years. [compared with previous year, all figures in %]

FYRevenue Growth
202317
20227

6.8 Patents see a second year of consecutive rise

Boeing was issued 1,690 patents in the past year, up 11.6% from the previous year. This is the second consecutive year of increase in patents. A total of 4,504 patents were issued to Boeing in the past 3 years. Of these 1,346 (or 29.9%) were issued by the USPTO and 3,158 (or 70.1%) were issued by the EPO.

Patents issued to Boeing in the last three years

12 months ended Jul 16No. of Patents Issued
20241,690
20231,515
20221,299

In the past year the monthly average of patents issued is 141; this is 1.2 times the average of 117 patents issued in the two years prior to that.

SECTION 7 TODAY'S BEARISH SIGNALS

7.1 Rank in the bottom 11% by Relative Valuation in the NYSE market

DescriptionValueRank
P/E * P/NTA219.18In Bottom 11%

7.2 Rank in the bottom 20% by Price Performance in the NYSE market

DescriptionValueRank
PV1000 [1 yr] $878In Bottom 20%
Rel Strength 6 mo11In Bottom 10%

7.3 Downtrend

Price/Moving Average Price of 0.93:

- The Price/MAP 200 for Boeing is 0.93. Being less than 1 is a bearish indicator. It is lower than the Price/MAP 200 for the S&P 500 Index of 1.15, a second bearish indicator. The stock is trading below both its MAPs and the 50-day MAP of $187.82 is lower than the 200-day MAP of $201.05, a third bearish indicator.

Past Quarter:

- In the last three months the stock has hit a new 52-week low twice.

Trailing Relative Strength (6 months) at 11 percentile:

- The stock has a 6-month relative strength of 11 in the NYSE market of 1,810 stocks, 199 ADRs and 12 preference stocks indicating it is trailing 89% of the market.

SECTION 8 ONGOING BEARISH PARAMETERS

8.1 Present Value of $1000 Invested in the Past [1 Yr, 3 Yrs]; The Worst Periods with PV$1000 < 879

PV$1,0001 yr ago3 yrs ago
BA.NYSE$878$835
Aerospace sector$1,059$1,136
S&P 500 Index$1,256$1,308

8.2 The Worst Periods [1 Yr, 3 Yrs] with Price Change % < -12.1

3-Year price change of -16.5% for Boeing underperformed the change of 29.8% in the S&P 500 Index for a relative price change of -46.3%.

Price Change %Year3 Years
Boeing-12.2-16.5
Aerospace sector5.911.8
S&P 500 Index25.629.8

8.3 MCap: 5-Year Decrease of $90 B (44%)

In the past 5 years Market Capitalization has decreased by $90.1 billion (44%) from $204.3 billion to $114.2 billion. Based on a dynamic start date of 5 years ago, there have been declines in MCap in 3 out of 5 years.

PriceMCap ($ B)
Last$186.07114.2
1 Year ago$211.87126.9
2 Years ago$147.7487.4
3 Years ago$222.76130.3
4 Years ago$187.38105.7
5 Years ago$357.39204.3

8.4 Total Shares on Issue: 5-Year Increase of 4.6%

In the past 5 years total shares on issue have increased by 26.9 million (4.6%) from 579.2 million to 606.1 million. Buybacks have averaged 6.1 million shares [1.1%] per financial year. Based on a dynamic start date of 5 years ago, there has been only 1 decline in issued capital over the last 5 years. An increase in total shares on issue is an unfavourable indicator in Joseph Piotroski's 9 indicators.

Year End (Dec 31)Total Shares on Issue
2023606,100,000
2022594,900,000
2021588,000,000
2020569,000,000
2019566,000,000
2018579,200,000

8.5 BA.NYSE Annualised Period-based Total Shareholder Returns [TSR %]: The Worst Periods with TSR < -5.7%

1 yr3 yrs5 yrs
-12.2-5.8-11.9

8.6 Increase in Insider Selling

In the past 4 years a total of 38,639 Boeing shares worth $8.2 million were sold by insiders. Based on a dynamic start date of 4 years ago, insider selling has averaged 9,660 shares per year. In the past year, insiders sold 8,500 shares, a significant increase from the previous year.

YearNo. of SharesValue, $
Jul 16, 20248,5002,026,136
1 Yr ago41284,196
2 Yrs ago990219,651
3 Yrs ago28,7375,848,075
Total38,6398,178,059

8.7 Declining Volume, down 60% in 5 years

In the past five years, Average Daily Volume of Trading (ADVT) has decreased 59.8% to 7.8 million shares.

Avg. Daily Volume Traded 12 months ended Jul 16, million shares

YearADVT
20247.8
20236.5
20229.9
202119.0
202019.5

8.8 Declining share turnover, down 64% in 5 years

In the past five years, average daily share turnover has decreased 63.8% to $1.4 billion. This suggests decreased liquidity.

Past five years, 12 months ended Jul 16 (USD billion)

YearAverage Daily Turnover
20241.4
20231.2
20221.9
20213.9
20203.8

8.9 Quarterly Trend in Revenue and Net Profit Margin:

- Revenue growth has shown signs of deterioration in recent quarters. [All figures in %]

Qtr-endedRevenue GrowthNet Profit Margin
Mar 24 [Q1 vs Q4]-24.7-2.1
Dec 23 [Q4 vs Q3]21.6-0.1

8.10 Satisfies 4 out of 9 criteria of Joseph Piotroski [pass mark 5]:

- Positive operating cashflow.

- Good quality of earnings [operating cashflow exceeds net income].

- Improvement in long-term debt to total assets from 0.4 to 0.3.

- Improvement in gross margin [from 5.3% to 9.9%].

But does not meet the following 5 criteria of Joseph Piotroski:

- Positive net income.

- Return on Assets improvement.

- Improvement in current ratio.

- Total shares on issue unchanged (or reduction in total shares on issue).

- Improvement in asset turnover.

SECTION 9 FINANCIALS FY 2023

9.1 BA Financials Summary:

Year ended DecFY2023FY2022FY2021
Sales ($ B)77.866.662.3
Pretax ($ B)(2)(5)(5)
Net ($ B)(2.2)(4.9)(4.2)
EPS ($)(3.67)(8.3)(7.15)

EPS improved to -$3.67 in FY2023 [ y.e. 31 Dec 2023]

+ Net Loss improved from $4.9 billion in FY2022 to $2.2 billion in FY2023.

+ Earnings Per Share (EPS) improved from -$8.30 in FY2022 to -$3.67 in FY2023.

9.2 Financials, FY 2023 [year-ended 31 December 2023 ]

Boeing Revenue up 17%

Release Date: February 07, 2024

Boeing (NYSE:BA) reported total revenue for the year-ended 31 December 2023 [FY2023] of $77.8b, up 17% from $66.6b in the previous year [FY2022].

9.3 Annual growth in Revenue

Year-ended31 December [FY/2023]31 December [FY/2022]
Revenue, $ Billion77.866.6
Growth in Revenue %16.86.9
Net Profit, $ Billion-2.2-4.9
EPS, $-3.67-8.3

Major changes compared with previous year (FY2023 vs FY2022):

Favourable Changes:

- Sales revenue up 16.8% from $66.6b to $77.8b

- Total revenue to total assets up from 0.5 to 0.6

- Cost of Goods Sold to Sales down from 94.7% to 90.1%

Unfavourable Changes:

- Loss of $2.2b

- EBIT Margin of -2.6%

- Administration expenses to Sales up from 6.3% to 6.6%

- Current ratio down 6.6% from 1.2 to 1.1

- Working capital to total assets down from 14.2% to 9.8%

Year-on-year comparison of Performance Ratios [FY2023 vs FY2022]

December 31FY2023FY2022Change (%)
Return on Assets (%)(1.6)(3.7)Improved 56.8
Common Size Ratios by Assets %
Current Debtors to Total Assets 8.1 8.2 Down 1.8
Long-term investments to Total Assets 0.8 0.7 Up 11.6

SECTION 10 TOP MANAGEMENT AND BOARD OF DIRECTORS

10.1 Top Management

Top Management [Fourteen top executives with tenure > 15 yrs]

NameDesignationSince Appointment
David L. CalhounChief Executive Officer, President, Director15 Yrs, 6 Mos
Steven M. MollenkopfIndependent Chairman-
Brian J. WestChief Financial Officer, Executive Vice President-
Stephanie F. PopeChief Operating Officer, Executive Vice President, Chief Executive Officer of Commercial Airplanes-
David R. WhitehouseSenior Vice President, Treasurer-
Michael J. ClearySenior Vice President, Controller-
Elizabeth H. LundSenior Vice President-
Carol J. HibbardSenior Vice President, Controller-
Bertrand-Marc AllenSenior Vice President, Chief Strategy Officer-
William A. AmpofoVice President, Chair - Supply chain Operations Council-
John C. DemersVice President, Corporate Secretary, Assistant General Counsel-
Brett C. GerryChief Legal Officer, Executive Vice President - Global Compliance-
Susan DonizChief Information Officer, Senior Vice President - Information Technology and Data Analytics-
Uma AmuluruChief Compliance Officer, Vice President of Global Compliance-

10.2 Board Of Directors

Board Of Directors [Four directors with tenure > 5 yrs]

NameDesignationSince Appointment
Lynn GoodDirector8 Yrs, 11 Mos
Ronald A. WilliamsDirector13 Yrs, 7 Mos
John M. RichardsonIndependent Director5 Yrs, 6 Mos
Robert A. BradwayIndependent Director8 Yrs, 6 Mos

Board Of Directors [Five directors with tenure < 5 yrs]

NameDesignationSince Appointment
Stayce D. HarrisDirector3 Yrs, 6 Mos
David L. JoyceDirector3 Yrs, 6 Mos
Gitlin David L.Director2 Yrs, 6 Mos
Akhil JohriDirector4 Yrs, 6 Mos
Lynne M. DoughtieIndependent Director3 Yrs, 6 Mos

APPENDIX I DATA & ARCHIVE DOWNLOAD CENTER

BA: EXPORT DATA TO EXCEL:

+ PRICE VOLUME - 5-YEAR HISTORY

+ FINANCIALS - 10-YEAR HISTORY [INCLUDING Q1/2024]:

+ SHAREHOLDERS - COMPLETE LIST OF 2102 INSTITUTIONS

+ PEER COMPARISON

+ PATENTS - CATEGORISED LIST OF 5-YEAR HISTORY OF 6944 :

BA: OTHER INFORMATION:

+ NEWS ARCHIVES - BA PAST 4 YEARS:

+ STOCK BUZZ

+ PRICE VOLUME CHARTS

+ SEC FILINGS

+ NOTES to ACCOUNTS

+ INSIDER OWNERSHIP AND BUYING IN THE PAST 10 YEARS

+ BOARD OF DIRECTORS

APPENDIX II STOCK IDENTIFIERS

ISIN: US0970231058

PermID: 4295903076

Central Index Key (CIK): 12927

CUSIP: 097023105

RIC: BA.N

LEI: RVHJWBXLJ1RFUBSY1F30

GLOSSARY

ADVT: Average Daily Volume of shares Traded

Annual Return: Dividends Paid In a 12-Month Period/Price at the Beginning of the Period + Capital Gain or Loss over 1 Year/Price 1 Year Ago (%)

Current Ratio: Current Assets/Current Liabilities (times)

EBIT Margin : Earnings Before Interest and Tax/Revenue (%)

Moving Average Price (n periods): Sum of Prices for each Period/Number of Periods

PV1000: Present value of 1000 invested 1 year/'n' years ago

Price Close/Moving Avg Price: Latest Price/Moving Average Price

Price/Earnings: Share Price/Earnings Per Share (times)

Price/Sales: Share Price/Sales Per Share (times)

Relative Price Change [RPC]: Relative price change is price change of stock with respect to Benchmark Index

Relative Strength (6 Months): Price close today/Price close 6 months ago, then ranked by percentile within the entire market.

Return on Assets: Net Profit/Total Assets (%)

TSR: Total Shareholder Returns is expressed as an annualized rate of return for shareholders after allowing for capital appreciation and dividend

Volatility: Highest Price minus Lowest Price/Lowest Price (%)

Volume Index (VI): Number of shares traded in the period/Average number of shares traded for the period

Volume Weighted Average Price (VWAP): The Volume Weighted Average Price (VWAP) is the summation of turnover divided by total volume in the same period.

Disclaimer: While this document is based on information sources which are considered reliable, it has been prepared without consideration of your specific investment objectives, financial situation or needs, so you should carry out your own analysis or seek professional investment advice before an investment decision is made. The document contains unbiased, independent equities data and analysis from Jupiter International (Australia) Pty Ltd trading as BuySellSignals (AFS Licence 222756), who provide round the clock analysis on every stock, every sector, every market, every day. BuySellSignals is not a broker, and does not have executing, corporate advisory or investment banking functions. Jupiter International (Australia) Pty Ltd, its directors, employees and contractors do not represent, warrant or guarantee, expressly or impliedly, that the information contained in this document is complete or accurate.

Data for the BuySellSignals algorithms is drawn from annual reports, company websites and similar sources of publicly available data. It should be used as a guide only.

Created by www.buysellsignals.com