Tag: Boeings

Still-Cheap Boeing’s a Bargain as the Manufacturing Giant Stays Busy

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Aerospace and defense icon Boeing (NYSE:BA) is known for building planes and missiles. Yet, in reality Boeing is a highly diversified manufacturing company with a broad array of product lines, a fact that’s underappreciated by some BA stock traders.

Source: Alex JW Robinson / Shutterstock.com

Another feature that not everyone appreciates is just how cheap BA stock really is. The share price was hit hard by the onset of the novel coronavirus and still hasn’t recovered. This means that it’s not too late to get in at a good price.

While the trading community is distracted by the latest initial public offering (IPO) or special purpose acquisition company (SPAC), you have a prime opportunity to invest in a legacy manufacturer with pedigree and staying power.

So, let’s conduct a technical breakdown to see how beaten-down BA stock really

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Boeing’s Allen succeeds Raymond as head of strategy with direct report to CEO | News

Boeing has named Marc Allen as chief strategy officer, effective 1 October, a move that could signal renewed focus by Boeing on developing an overarching corporate strategy amid an uncertain time.

Allen, who joined Boeing in 2007 and was president of Boeing’s partnership with Brazilian airframer Embraer, takes the strategy role from Chris Raymond.

Allen will report to Boeing chief executive David Calhoun, a change from the current structure, which has Raymond reporting to chief financial officer and executive vice-president of enterprise operations Greg Smith.

boeing building

With the changes, Allen also now holds the title of senior vice-president of strategy and corporate development.

Also on 1 October, Raymond will shift to become Boeing’s chief sustainability officer and will continue reporting to Smith. Boeing has not previously had a chief sustainability officer.

As strategy chief, Allen ” will now take on responsibility for the enterprise’s overarching strategy, including long-term planning, global business

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