Boeing after suffering from the 737 Max 2 fatal crashed (2018 and 2019) and door plug issue which caused a blown door in mid air (2024) is slowly climbing back from his deepest crisis in quality control. The latest earnings Q2 2026 show an encouraging performance with rising revenue US$24.6 billion but profit missed expectations due to the cost overruns amounting to US$280 million of the yet to be delivered Air Force 1 for POTUS. Boeing won the contract for building 2 Air Force 1 with price tag of US$3.9 billion (2018) but it seems that they miscalculated the cost and has to bear every dollar of cost exceeding the contract price. I wonder how Boeing did their cost evaluation (again another quality issue) that not just did not earn them any profit but causing losses that affected quarter earnings!$Boeing(BA.US)$NVIDIA(NVDA.US)$Netflix(NFLX.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
