Recent Homeland Defense, Security Technology, and Aerospace Articles
Topic: Boeing Co. (BA) flying high since complete acquisition of Global Aeronautica LLC
Boeing Co.’s (NYSE: BA) stock has been moving up by leaps and bounds ever since it acquired the remaining interest in Global Aeronautica LLC on December 22. The move had brought more of the 787 Dreamliner's operations under the aerospace giant Boeing Co’s (BA) direct control. The Boeing (BA) stock, which closed at $55.10 on December 22 following that deal, has since got several sweet reasons to discuss about as it has already appreciated by close to 9% since the deal.
One of them has been the fact that Boeing (BA) has managed to offer deliveries of 122 commercial planes in Q4, a figure that it has revealed earlier today. For the entire 2009, Boeing was able to maintain its target by offering deliveries of 481 commercial planes, in line with its target of 480-485 deliveries.