CEO James McNerney

People around Charleston, S.C., are learning to watch every nuance of The Boeing Co. as breathlessly as we do here in the Puget Sound region. On Monday, Charleston Post and Courier Reporter Brendan Kearney posted an online story discussing the finer points of exactly what expansions Boeing is planning for its aft fuselage fabrication facility in North Charleston. This factory, which fabricates rear ends of Boeing 787s by winding carbon fiber...  

Indonesian airline Lion Air is close to making a deal with Boeing Co. to buy 10 787-8 Dreamliner passenger jets for $1.9 billion, according to two anonymous sources involved in the deal who spoke with Reuters. The airline hopes to break into the long-haul market with its purchase. That would put pressure on Garuda Indonesia Tbk and Malaysia’s AirAsia Bhd, because Lion Air could give customers more destination options, Reuters said. The...  

The Boeing Co. on Thursday announced it has completed the preliminary design review of the software that puts it a step closer to putting a manned vehicle into space. “The review, conducted with Boeing management along with independent Boeing and National Aeronautics and Space Administration reviewers, effectively demonstrated a software design that meets NASA safety requirements as well as all system-level requirements within cost and...  

Boeing Co. will updated flight deck and avionics for U.S. and NATO aircraft for $368 million, according GovCon Wire. The company announced it will work on the E-3 707 Airborne Warning and Control System fleet. Work will include integrating and installing new and existing avionics and communications systems, including a new five main glass display system.  

Boeing Co. is preparing for what could be up to $1 trillion in cuts to the U.S. defense budget over the next 10 years by cutting its workforce, consolidating facilities and reducing its overhead. As the Chicago Tribune reports, Boeing (NYSE: BA) has cut 8,000 of 60,000 defense jobs over the past 18 months, with many transferring to the Commercial Airplanes division, which has a $308 billion backlog.