Boeing Co
BA: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$481.00 | Ztbnq | Lstkhtjyb |
Boeing: We Quantify the Fallout From 737 Manufacturing Defects Between $1 and $30 Per Share
Boeing announced changes to its operations intended to increase assurance that its products will be built to meet safety standards and comply with their intended design. These include increasing inspections throughout its manufacturing process by customers and regulators. While we see these steps as welcome, their introduction begs the question why they are taken only now, as missing bolts in a door plug were only the latest in a series of manufacturing lapses that have come to light and hampered Boeing’s ability to deliver its bread-and-butter 737 and 787 jets for the last four years.