ARLINGTON, Va., April 23, 2025 /PRNewswire/ --
First Quarter 2025
737 production gradually increased in the quarter; still expected to reach 38 per month this yearRevenue increased to $19.5 billion primarily reflecting 130 commercial deliveriesGAAP loss per share of ($0.16) and core (non-GAAP)* loss per share of ($0.49)Operating cash flow of ($1.6) billion and free cash flow of ($2.3) billion (non-GAAP)*Total company backlog grew to $545 billion, including over 5,600 commercial airplanesTable 1. Summary Financial Results
First Quarter
(Dollars in Millions, except per share data)
2025
2024
Change
Revenues
$19,496
$16,569
18 %
GAAP
Earnings/(loss) from operations
$461
($86)
NM
Operating margins
2.4
%
(0.5)
%
NM
Net loss
($31)
($355)
NM
Basic loss per share
($0.16)
($0.56)
NM
Operating cash flow
($1,616)
($3,362)
NM
Non-GAAP*
Core operating earnings/(loss)
$199
($388)
NM
Core operating margins
1.0
%
(2.3)
%
NM
Core loss per share
($0.49)
($1.13)
NM
ARLINGTON, Va., April 22, 2025 /PRNewswire/ -- Boeing [NYSE: BA] has entered into a definitive agreement to sell portions of its Digital Aviation Solutions business, including its Jeppesen, ForeFlight, AerData and OzRunways assets, to Thoma Bravo, a leading software investment firm. This all-cash transaction is valued at $10.55 billion.
Boeing will retain core digital capabilities that harness both aircraft and fleet-specific data to provide commercial and defense customers with fleet maintenance, diagnostics and repair services. This digital expertise will continue to provide predictive and prognostic maintenance insights.
ARLINGTON, Va., April 8, 2025 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the first quarter of 2025.
The company will provide detailed first quarter financial results on April 23. Major program deliveries during the first quarter were as follows:
Major Programs
1st Quarter 2025
Commercial Airplanes Programs
737
105
767
5
777
7
787
13
Total
130
Defense, Space & Security Programs
AH-64 Apache (New)
4
AH-64 Apache (Remanufactured)
11
CH-47 Chinook (New)
1
CH-47 Chinook (Renewed)
2
F-15 Models
1
F/A-18 Models
5
MH-139
1
P-8 Models
1
Total1
26
1 Deliveries of new-build production units, including remanufactures and modifications
Note: Delivery information is not considered final until quarterly financial results are issued.
EL SEGUNDO, Calif., April 7, 2025 /PRNewswire/ -- Millennium Space Systems, a Boeing [NYSE: BA] company, completed the Fire-control On Orbit-support-to-the-war Fighter (FOO Fighter) critical design review (CDR) in just 10 months after authorization to proceed.
"Meeting rapid timelines is essential to ensuring we deliver mission capabilities when needed," said Doug Hulse, portfolio lead, Millennium Space Systems. "Completing the FOO Fighter critical design review in just 10 months highlights the efficiency and determination of our team. Our focus is always on providing the warfighter with the tools they need, and this achievement underscores our commitment to delivering mission requirements on time."
ARLINGTON, Va., April 3, 2025 /PRNewswire/ -- The Boeing Company [NYSE: BA] will release its financial results for the first quarter of 2025 on Wednesday, April 23.
President and Chief Executive Officer Kelly Ortberg and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call starting at 10:30 a.m. ET.
The event webcast, news release and presentation materials, as well as a subsequent transcript, can be accessed on the Events and Presentations section of www.boeing.com/investors. Participants are encouraged to verify access to the webcast and materials prior to the start of the event.
SEATTLE, March 30, 2025 /PRNewswire/ -- Boeing [NYSE: BA] and BOC Aviation have announced a new, firm order for 50 737-8 jets, expanding the lessor's 737 MAX portfolio to 215 737-8s and 737-9s.
BOC Aviation will increase its Boeing order book to 139 unfilled orders.BOC Aviation currently has 69 737 MAX airplanes on operating leases to more than 15 airlines worldwide.
"Our strong partnership with Boeing has led to this 50-aircraft order for the fuel-efficient Boeing 737-8 aircraft. With this transaction, we have commitments to purchase over 140 of these aircraft, which is the largest Boeing orderbook position in our history," said Steven Townend, Chief Executive Officer and Managing Director, BOC Aviation. "This order will enable us to continue providing our airline customers with technologically advanced aircraft for their future fleet growth."
ARLINGTON, Va., March 27, 2025 /PRNewswire/ -- Boeing [NYSE: BA] today named Eric Hill as vice president of Investor Relations. Hill will lead Boeing's engagement with the investment community to provide timely, accurate and transparent information on the company's market environment, business, performance and outlook.
Hill succeeds Matt Welch, who has been promoted to vice president and chief financial officer of Boeing Commercial Airplanes.
"Eric's experience across our defense and commercial business, and his time in investment banking will serve him well as he guides our interactions with shareholders and financial analysts," said Boeing Chief Financial Officer Brian West.
ARLINGTON, Va., March 21, 2025 /PRNewswire/ -- The U.S. Air Force announced Boeing [NYSE: BA] has been awarded a contract to design, build and deliver its next-generation fighter aircraft.
Next-Generation Air Dominance (NGAD) Platform will usher in a new generation of United States fighter jets that brings leap-ahead capability in range, survivability, lethality and adaptability. The NGAD Platform is the central node in the NGAD Family of Systems.
"We recognize the importance of designing, building and delivering a 6th-generation fighter capability for the United States Air Force. In preparation for this mission, we made the most significant investment in the history of our defense business, and we are ready to provide the most advanced and innovative NGAD aircraft needed to support the mission," said Steve Parker, interim president and chief executive officer, Boeing Defense, Space & Security.
KUALA LUMPUR, Malaysia, March 21, 2025 /PRNewswire/ -- Boeing [NYSE: BA] and Malaysia Aviation Group today announced an order for 18 737-8 and 12 737-10 single-aisle jets to renew Malaysia Airlines' fleet with more fuel-efficient airplanes. The order, which booked in January 2025 and was posted as unidentified on Boeing's orders and deliveries website, will enable Malaysia's flag carrier to introduce new lie-flat seats and meet growing travel demand in Southeast Asia – one of the fastest-growing commercial aviation markets.
ARLINGTON, Va., March 6, 2025 /PRNewswire/ -- Boeing [NYSE: BA] Chief Financial Officer Brian West will speak at the Bank of America Global Industrials Conference on March 19 at 9:05 a.m. Eastern time.
The live webcast and subsequent webcast transcript can be accessed on the Events and Presentations section of www.boeing.com/investors. Individuals should check the website prior to the session to ensure access to the audio stream. Following the presentation, a recording will be available for replay for at least 30 days on the same website.
ARLINGTON, Va., Feb. 20, 2025 /PRNewswire/ -- Boeing [NYSE: BA] today announced Jeff Shockey as the company's new executive vice president of Government Operations, Global Public Policy & Corporate Strategy, effective Feb. 24.
Shockey will lead Boeing's global public policy efforts, including U.S. federal, state and local government operations and sustainability, as well as the company's global philanthropic organization Boeing Global Engagement. Additionally, Shockey will ensure a cohesive corporate strategy to communicate Boeing's business interests and drive engagement with public and private stakeholders.
ARLINGTON, Va., Feb. 12, 2025 /PRNewswire/ -- Boeing [NYSE: BA] Chief Executive Officer Kelly Ortberg will speak at the Barclays Industrial Select Conference on February 20 at 8:40 a.m. ET.
The event webcast link is available on the Events and Presentations section of www.boeing.com/investors. Individuals should check the website prior to the session to ensure access to the audio stream.
Contact:Investor RelationsBoeingInvestorRelations@boeing.com
Boeing Media Relationsmedia@boeing.com
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ARLINGTON, Va., Jan. 28, 2025 /PRNewswire/ --
Fourth Quarter 2024
Finalized the International Association of Machinists and Aerospace Workers (IAM) agreement and resumed production across the 737, 767 and 777/777X programsFinancials reflect previously announced impacts of the IAM work stoppage and agreement, charges for certain defense programs, and costs associated with workforce reductions announced last yearRevenue of $15.2 billion, GAAP loss per share of ($5.46) and core (non-GAAP)* loss per share of ($5.90)Operating cash flow of ($3.5) billion; cash and marketable securities of $26.3 billionARLINGTON, Va., Jan. 23, 2025 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today it will recognize impacts to its financial results related to the IAM work stoppage and agreement, charges for certain Defense, Space & Security programs and costs associated with workforce reductions announced last year when it reports fourth quarter results on January 28. The company expects to report fourth quarter revenue of $15.2 billion, GAAP loss per share of ($5.46), and operating cash flow of ($3.5) billion. Cash and investments in marketable securities totaled $26.3 billion at the end of the quarter.
ARLINGTON, Va., Jan. 14, 2025 /PRNewswire/ -- The Boeing Company [NYSE: BA] announced today major program deliveries across its commercial and defense operations for the fourth quarter of 2024.
The company will provide detailed fourth quarter financial results on January 28. Major program deliveries during the fourth quarter were as follows:
Major Programs
4th Quarter 2024
Full Year 2024
Commercial Airplanes Programs
737
36
265
767
3
18
777
3
14
787
15
51
Total
57
348
Defense, Space & Security Programs
AH-64 Apache (New)
6
16
AH-64 Apache (Remanufactured)
10
34
CH-47 Chinook (New)
2
4
CH-47 Chinook (Renewed)
2
9
F-15 Models
4
14
F/A-18 Models
6
11
KC-46 Tanker
—
10
MH-139
3
6
P-8 Models
—
4
T-7A
1
2
Commercial and Civil Satellites
2
2
Total1
36
112
1 Deliveries of new-build production units, including remanufactures and modifications
Note: Delivery information is not considered final until quarterly financial results are issued.
ARLINGTON, Va., Jan. 8, 2025 /PRNewswire/ -- The Boeing Company [NYSE: BA] will release its financial results for the fourth quarter of 2024 on Tuesday, January 28.
President and Chief Executive Officer Kelly Ortberg and Executive Vice President and Chief Financial Officer Brian West will discuss the results and company outlook during a conference call that day at 10:00 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.
ARLINGTON, Va., Jan. 3, 2025 /PRNewswire/ -- Boeing [NYSE: BA] today announced Dana Deasy as the company's new chief information digital officer and senior vice president, Information Technology & Data Analytics.
Elected to the role effective Dec. 31, 2024, Deasy will oversee all aspects of information technology, information security, and data and analytics. He will report to Boeing President and CEO Kelly Ortberg and serve on the company's Executive Council.
"Dana is a well-respected, global technology leader who has a track record of delivering on innovative technologies across large and complex organizations," said Ortberg. "With the need to stay vigilant to protect against cyber threats, and emerging technologies like artificial intelligence playing a larger role across all industries, our IT team will have a key role as we focus on meeting our safety and quality goals, delivering reliably for our customers and positioning ourselves for the future."
ISTANBUL, Dec. 19, 2024 /PRNewswire/ -- Boeing [NYSE: BA] and Pegasus Airlines today announced Türkiye's leading low-cost carrier will grow and modernize its single-aisle fleet with an order for up to 200 737 MAX airplanes. The airline's purchase includes a firm order for 100 737-10 jets – plus options for 100 more.
The largest model in the 737 MAX family, the 737-10 can carry as many as 230 passengers with a range of up to 5,740 km (3,100 nautical miles), while reducing fuel use and emissions by 20% compared to the airplanes it replaces. The airplane's efficiency and flexibility will enable Pegasus Airlines to serve more passengers on more routes with the lowest cost per seat of any single-aisle airplane.
EL SEGUNDO, Calif., Dec. 16, 2024 /PRNewswire/ -- Tony Gingiss is chief executive officer of Millennium Space Systems, a Boeing Company [NYSE: BA], effective December 9. Gingiss has more than 30 years of experience in executive leadership, operations, design and production, across commercial, civil, defense and national security space. He previously held pivotal roles with Terran Orbital, Virgin Orbit and Airbus OneWeb Satellites.
ARLINGTON, Va., Nov. 15, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] Board of Directors today announced that it has elected Tim Buckley as its newest member, effective January 1, 2025. Buckley will serve on the Finance and Governance & Public Policy committees.
Buckley, 55, previously served as Chair and CEO of The Vanguard Group, where he successfully led one of the largest investment management firms in the world, with nearly $10 trillion in assets under management.
"Tim is a renowned, trusted leader who brings the voice of the investor and a track record of business success to our Board," said Boeing Board Chair Steve Mollenkopf. "Tim's familiarity with the broad investor community, expertise managing complex business operations and ability to positively lead through change will bring additional important perspective to our Board."
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