Boeing

BA

US0970231058

Aerospace & Defense

Market Closed - Nyse Other stock markets 01:00:02 2024-11-29 pm EST			Pre-market 08:03:22 am
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Nov. 29	FAA Won't Require Immediate Action Following Review of Boeing 737 Max Bird Strike Incidents	MT
Nov. 27	Industrials Down After Inflation Data -- Industrials Roundup	DJ

Boeing delivers two new O3b satellites to SES

November 13, 2024 at 10:04 am EST

Boeing announced on Wednesday the delivery of the seventh and eighth new-generation O3b mPower satellites for SES, with the aim of launching them in December from Cape Canaveral.

The satellites - to be launched into Medium Earth Orbit (MEO) 8,000 km from Earth - feature more than 5,000 steerable and flexible beams, capable of distributing connectivity services of up to several gigabits per second to the telecoms, maritime, aeronautics and energy sectors, as well as to governments.

Like the first O3b mPower satellites, these two additional satellites are to be launched into space aboard Falcon 9 rockets from billionaire Elon Musk's company SpaceX.

Boeing is still scheduled to deliver the last three O3b mPower satellites to SES in the first half of 2025, and is continuing production, integration and testing activities for the next satellites.

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Company Profile

The Boeing Company is the worldwide leader in aeronautical construction. Net sales (including intragroup) break down by market as follows: - commercial aviation (43.5%). In addition to commercial aircraft, the group supplies spare parts and offers technical support, maintenance and engineering services; - defense, space and security (32%): military aircraft and mobility systems (warplanes, helicopters, and air defense missiles), support services (logistics, engineering, maintenance and training services) and space equipment (satellites, launch pads, etc.). The remaining sales (24.5%) are from services (logistics and supply management, engineering, maintenance, modification and training services, etc.), and commercial and private aircraft financing as well as aircraft equipment leasing activities. Net sales are distributed geographically as follows: the United States (58.4%), Europe (13.5%), Asia (12.9%), Middle East (8.5%), Oceania (2.1%), Canada (1.6%), Africa (1.1%) and other (1.9%).

Employees

171,000

Sector

Aerospace & Defense

Calendar

2025-01-28 - Q4 2024 Earnings Release (Projected)

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