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MarketScreener Homepage  >  Equities  >  Nyse  >  Boeing Company (The)    BA

BOEING COMPANY (THE)

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FAA probing Boeing 737 production issues as Congress raises concerns

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12/11/2019 | 06:38pm EST
Federal Aviation Administration (FAA) Administrator Stephen Dickson testifies before a House Transportation and Infrastructure Committee hearing at the Rayburn House office building in Washington

The Federal Aviation Administration (FAA) said Wednesday it has an ongoing investigation into reported production problems involving the Boeing 737 after a former employee reported extensive issues.

Under questioning from lawmakers at a U.S. House hearing, FAA Administrator Steve Dickson confirmed the agency is reviewing issues. "We are looking into those problems and we will continue to do so," Dickson said. Another FAA official, Earl Lawrence, said the agency has interviewed employees at Boeing and reviewed 737 quality and production records. A former Boeing employee, Ed Pierson, raised a series of concerns about production problems and is set to testify later on Wednesday before the committee.

(Reporting by David Shepardson)

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Financials (USD)
Sales 2019 80 380 M
EBIT 2019 1 872 M
Net income 2019 -149 M
Debt 2019 19 548 M
Yield 2019 2,53%
P/E ratio 2019 113x
P/E ratio 2020 21,2x
EV / Sales2019 2,47x
EV / Sales2020 1,89x
Capitalization 179 B
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Mean consensus HOLD
Number of Analysts 24
Average target price 346,48  $
Last Close Price 317,79  $
Spread / Highest target 38,5%
Spread / Average Target 9,03%
Spread / Lowest Target -18,2%
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Managers
NameTitle
David L. Calhoun President, Chief Executive Officer & Director
Lawrence W. Kellner Non-Executive Chairman
Jenette E. Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO, EVP-Corporate Development & Strategy
Theodore Colbert Executive Vice President
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