Boeing Co. (BA)

$ 149.31
   
  • Change Today:
    $-4.98
  • 52 Week High: $264.27
  • 52 Week Low: $146.62
  • Currency: US Dollars
  • Shares Issued: 1,012.26m
  • Volume: 29,388,204
  • Market Cap: $151,141m
  • RiskGrade: 190

Boeing investing $200m in factory to build Stingray aircraft

By Frank Prenesti

Date: Wednesday 20 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Aerospace giant Boeing on Friday said it was investing $200m to start making the US Navy's latest unmanned aircraft.
Boeing is building a new factory at MidAmerica St. Louis Airport where it will produce the MQ-25 Stingray, the Navy's first carrier-based unmanned aircraft in a project that will create an initial 150 jobs.

The company and the Navy have for two years been flight testing the Stingray from MidAmerica Airport, where it has refuelled an F/A-18 Super Hornet, an E-2D Hawkeye and an F-35C Lightning II.

The US Navy intends to procure more than 70 MQ-25 aircraft to help extend the range of the carrier air wing, and the majority of those will be built in the new facility, Boeing said in a statement.

Boeing is currently producing the first seven MQ-25 aircraft, plus two ground test articles, at its St. Louis facilities, and they will be transported to MidAmerica for flight test. The MQ-25 program office, including its core engineering team, will remain based in St. Louis.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Boeing Market Data

Currency US Dollars
Share Price $ 149.31
Change Today $ -4.98
% Change -3.23 %
52 Week High $264.27
52 Week Low $146.62
Volume 29,388,204
Shares Issued 1,012.26m
Market Cap $151,141m
RiskGrade 190

What The Brokers Say

Strong Buy 10
Buy 7
Neutral 10
Sell 0
Strong Sell 1
Total 28
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Trades for 31-Oct-2024

Time Volume / Share Price
15:59 159 @ $149.38
15:59 100 @ $149.37
15:59 100 @ $149.37
15:59 100 @ $149.37
15:59 100 @ $149.37

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