financetom
Business
financetom
/
Business
/
Market Chatter: Boeing Plans to Triple Patriot Seeker Deliveries
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Boeing Plans to Triple Patriot Seeker Deliveries
Nov 17, 2025 3:40 AM

06:08 AM EST, 11/17/2025 (MT Newswires) -- Boeing ( BA ) plans to triple deliveries of seekers used to guide Patriot air-defense missiles, Bloomberg reported Monday, citing Steve Parker, head of Boeing Defense, Space and Security.

The company has opened a new 40,000 square-foot facility to support the production increase, Parker said, according to the report.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Disney, DirecTV fail to reach distribution deal
Disney, DirecTV fail to reach distribution deal
Sep 2, 2024
(Reuters) - Walt Disney ( DIS ) and satellite TV provider DirecTV did notreach a new distribution deal for ESPN ( DIS ), ABC and other Disney ( DIS )-owned networks, the companies said on Sunday. ...
Silicon Valley Bank exits China joint venture, local partner takes full control
Silicon Valley Bank exits China joint venture, local partner takes full control
Sep 2, 2024
BEIJING, Aug 31 (Reuters) - Silicon Valley Bank's Chinese joint venture will become a wholly owned unit of Shanghai Pudong Development Bank, following approval to change its name to Shanghai Innovation Bank, a Chinese financial regulator said late on Friday. Silicon Valley Bank's (SVB) collapse last year was one of the largest in U.S. banking history and left its joint...
HP to continue $4 billion damages case against Mike Lynch
HP to continue $4 billion damages case against Mike Lynch
Sep 2, 2024
(Reuters) - Hewlett Packard said on Monday it would continue legal proceedings to seek up to $4 billion in damages from British billionaire Mike Lynch's estate in the UK. The U.S. company had been seeking compensation over its acquisition of British tech firm Autonomy amid claims of fraud masterminded by its co-founder Mike Lynch to inflate the company's value. Lynch,...
TIMELINE-Key events during China's regulatory scrutiny of Alibaba
TIMELINE-Key events during China's regulatory scrutiny of Alibaba
Sep 2, 2024
SHANGHAI, Sept 2 (Reuters) - China's State Administration of Market Regulation (SAMR) said on Friday that Alibaba Group ( BABA ) had completed three years rectification following a record $2.75 billion fine levied in 2021 for monopolistic practices. The regulator said Alibaba ( BABA ) had achieved good results and that it would continue to guide the e-commerce giant to...
Copyright 2023-2026 - www.financetom.com All Rights Reserved