Prediction: Boeing Might Sell Its Defense Business
BABoeing(BA) The Motley Fool·2024-08-20 18:50

Here's a simple, one-step solution to turn Boeing profitable again.Boeing's (BA -0.19%) second-quarter earnings report was a mess -- bad enough that it may have gotten its chief executive officer fired.Boeing missed earnings. It missed sales. It tallied 4.3billioninnegativefreecashflow,andithasburned4.3 billion in negative free cash flow, and it has burned 8.2 billion so far this year. Part of the problem was Boeing's commercial airplanes unit, where deliveries fell 32% year over year in Q2. But Boeing's defense business is in a bad way as well, with ...