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Boeing Co BA

Alternate Symbol(s):  N.BA | BA.PR.A

The Boeing Company is an aerospace company. The Company operates in three segments: Commercial Airplanes (BCA), Defense, Space & Security (BDS), Global Services (BGS). Its BCA segment develops, produces and markets commercial jet aircraft to the commercial airline industry worldwide. Its family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems strike, surveillance and mobility. Its BGS segment provides services to its commercial and defense customers worldwide. It sustains aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and others.


NYSE:BA - Post by User

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Post by kijijion Mar 20, 2019 10:50pm
82 Views
Post# 29514824

FBI has joined the criminal investigation.

FBI has joined the criminal investigation.
The FBI has joined the criminal investigation into the certification of Boeing Co's 737 MAX, 

Federal prosecutors and the U.S. Department of Transportation are scrutinizing the development of Boeing Co’s 737 MAX jetliners in the wake of two deadly crashes in five months, two people briefed on the matter confirmed late on Monday.
 
The U.S. Justice Department was looking at the Federal Aviation Administration’s (FAA) oversight of Boeing, one of the people said. A federal grand jury in Washington, D.C. last week issued at least one subpoena to an entity involved in the plane’s development, the source confirmed.
 
Separately, the U.S. Department of Transportation’s inspector general was also scrutinizing the FAA’s oversight of Boeing and the development of the 737 MAX, according to a person with knowledge of the matter who spoke on condition of anonymity.
 
The Wall Street Journal first reported on the Justice department probe on Sunday and also said the Transportation Department’s inspector general was reviewing the issue.

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