financetom
Business
financetom
/
Business
/
Market Chatter: Boeing Prioritizing Certification of 737 Max Variants to Fill $500 Billion Backlog
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Boeing Prioritizing Certification of 737 Max Variants to Fill $500 Billion Backlog
May 29, 2025 4:58 AM

07:41 AM EDT, 05/29/2025 (MT Newswires) -- Boeing ( BA ) hopes to get two new variants of the 737 MAX certified this year to help fill up its $500 billion backlog, Chief Executive Kelly Ortberg said in an interview with Aviation Week published Thursday.

"The near-term priorities are, from a commercial perspective, getting the current development programs through the certification process," Ortberg said. "We're hoping to get the two variants of the 737 MAX wrapped up this year so we can start deliveries of the -7 and the -10, two airplanes that are very, very important to our customers and our backlog."

The company is also prioritizing testing development of the 777-9, which Ortberg described as "the largest dual-engine widebody in the market."

"I think that's going to be a game-changing platform for us," he said.

Ortberg said that new Trump administration tariffs of 10% are impacting the prices of its wings and fuselages in Japan and Italy. "We're not in a position to pass those along to our customers," he said, adding that "luckily" 80% of the company's supply chain comes out of the US.

(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 >
Ufp Technologies Insider Sold Shares Worth $14,199,728, According to a Recent SEC Filing
Ufp Technologies Insider Sold Shares Worth $14,199,728, According to a Recent SEC Filing
Aug 16, 2024
03:27 PM EDT, 08/16/2024 (MT Newswires) -- R Jeffrey Bailly, Director, CEO, on August 14, 2024, sold 44,813 shares in Ufp Technologies ( UFPT ) for $14,199,728. Following the Form 4 filing with the SEC, Bailly has control over a total of 90,044 shares of the company, with 90,044 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/914156/000106299324015260/xslF345X03/form4.xml Price: 325.69, Change: +3.77, Percent Change:...
Group 1 Automotive Insider Sold Shares Worth $421,193, According to a Recent SEC Filing
Group 1 Automotive Insider Sold Shares Worth $421,193, According to a Recent SEC Filing
Aug 16, 2024
03:23 PM EDT, 08/16/2024 (MT Newswires) -- Michael David Jones, Senior Vice President, Aftersales, on August 15, 2024, sold 1,200 shares in Group 1 Automotive ( GPI ) for $421,193. Following the Form 4 filing with the SEC, Jones has control over a total of 9,742 shares of the company, with 9,742 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1031203/000112760224022341/xslF345X03/form4.xml Price: 355.26,...
US State Dept OKs potential sale of tactical missiles to Canada
US State Dept OKs potential sale of tactical missiles to Canada
Aug 16, 2024
WASHINGTON, Aug 16 (Reuters) - The U.S. State Department approved a foreign military sale to Canada of tactical missiles and related support for $264.6 million, the Pentagon said on Friday. The principal contractor for the AIM-9X Sidewinder Block II+ and Block II tactical missiles will be RTX Corp ( RTX ), the Pentagon said in a statement. ...
Exclusive-Boeing, Lockheed Martin in talks to sell ULA to Sierra Space
Exclusive-Boeing, Lockheed Martin in talks to sell ULA to Sierra Space
Aug 16, 2024
WASHINGTON (Reuters) - Boeing ( BA ) and Lockheed Martin ( LMT ) are in talks to sell their rocket-launching joint venture United Launch Alliance to Sierra Space, two people familiar with the discussions said. A deal to sell ULA, a major provider of launch services to the U.S. government and a top rival to Elon Musk's SpaceX, would mark...
Copyright 2023-2026 - www.financetom.com All Rights Reserved