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Aerospace & Defense

News on defense contractors, government contracts, and the commercial space industry.

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Boeing Shares Slide on Cautious Production Outlook

Boeing shares tumble after it releases cautious growth forecast

Boeing shares tumble after it releases cautious growth forecast

Boeing shares plunged Tuesday as the company's cautious production growth timeframe surprised Wall Street, deepening questions about how fast recent plane certification and defense procurement wins will translate to the bottom line."But we appreciate that it's been difficult for share owners to assess how our progress will translate into financial performance.

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