financetom
Business
financetom
/
Business
/
What's Going On With Boeing Stock Friday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Boeing Stock Friday
Sep 5, 2025 10:44 AM

The Boeing Company ( BA ) traded lower Friday. Boeing ( BA ) announced that the company and the Royal Australian Air Force, RAAF, said the MQ-28 Ghost Bat Collaborative Combat Aircraft completed a slate of trials that demonstrate it can operate alongside crewed jets.

The campaign advances Australia’s development of autonomous “loyal wingman” aircraft while offering Boeing ( BA ) a path to fielding a new class of combat mass at lower risk to aircrews.

The RAAF’s Capability Demonstration 2025 series wrapped up in early June — four months ahead of schedule — with the MQ-28 executing mission sets meant to augment existing platforms.

Also Read: Paramount Skydance Turnaround Could Take Years To Materialize, Says Analyst

The effort combined live flights and digital twins, totaling about 150 flight hours and more than 20,000 hours in simulation, to validate core behaviors and readiness.

The Ghost Bat showcased autonomous mission execution; coordinated “multi-ship” operations to generate combat mass; a forward deployment to RAAF Base Tindal; teaming with an E-7A Wedgetail airborne early warning and control aircraft; and data fusion across multiple MQ-28s with onward transmission to a crewed platform.

The design targets the “find, fix, track and target” portions of the air-combat chain while reducing exposure for pilots.

“The RAAF set the task of proving the first four steps in the Air Combat chain for the MQ-28 and we have accomplished that sooner than anticipated,” said Glen Ferguson, MQ-28 global program director. “Completing this work early allows us to accelerate the next phases of development – engage and assess – with an air-to-air weapon shot planned for later this year or in early 2026.The demonstrations have proven the maturity of MQ-28’s capabilities and the utility of CCA’s and their application to the future force mix,” Ferguson said.

Capabilities validated this year will roll into Block 2 aircraft now in production, forming the foundation for an initial operational capability for the RAAF — and potentially allied users.

The next phases focus on weapons employment and assessment to further cement the CCA’s role within the future force mix.

The MQ-28 is Boeing’s flagship autonomous air-combat program and a key pillar in Australia’s push to field sovereign advanced airpower. Finishing ahead of plan and proving teaming, data sharing and distributed operations bolster the case for CCAs as force multipliers amid tightening budgets and contested airspace.

According to Benzinga Pro, BA stock has gained over 40% in the past year. Investors can gain exposure to the stock via Direxion Daily BA Bull 2X Shares (BOEU).

Price Action: BA shares are trading lower by 1.47% to $227.03 at last check Friday.

Read Next:

Stranger Things Creators Duffer Brothers Exit Netflix, Ink Deal with Paramount: Report

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 >
DTE Energy Q1 Operating Earnings Rise; 2024 Guidance Reaffirmed
DTE Energy Q1 Operating Earnings Rise; 2024 Guidance Reaffirmed
Apr 25, 2024
09:05 AM EDT, 04/25/2024 (MT Newswires) -- DTE Energy ( DTE ) reported Q1 non-GAAP operating earnings Thursday of $1.67 per diluted share, up from $1.33 a year earlier. Analysts polled by Capital IQ expected $1.67 normalized EPS. The company reaffirmed its 2024 operating EPS guidance of $6.54 to $6.83. Analysts surveyed by Capital IQ expect $6.70. DTE Energy (...
Reliance's Q1 Non-GAAP Earnings, Sales Fall; Q2 Non-GAAP EPS Outlook Issued
Reliance's Q1 Non-GAAP Earnings, Sales Fall; Q2 Non-GAAP EPS Outlook Issued
Apr 25, 2024
09:06 AM EDT, 04/25/2024 (MT Newswires) -- Reliance (RS) reported Q1 non-GAAP earnings Thursday of $5.30 per diluted share, down from $6.37 a year earlier. Analysts polled by Capital IQ expected $5.51. Net sales for the quarter ended March 31 were $3.64 billion, down from $3.97 billion a year earlier. Analysts surveyed by Capital IQ expected $3.75 billion. For Q2,...
Regions Financial Insider Bought Shares Worth $968,500, According to a Recent SEC Filing
Regions Financial Insider Bought Shares Worth $968,500, According to a Recent SEC Filing
Apr 25, 2024
09:06 AM EDT, 04/25/2024 (MT Newswires) -- William C Rhodes Iii, Director, on April 23, 2024, executed a purchase for 50,000 shares in Regions Financial ( RF ) for $968,500. Following the Form 4 filing with the SEC, Rhodes has control over a total of 51,739 shares of the company, with 1,279 shares held directly and 50,460 shares controlled indirectly....
Steelmaker Acerinox cautious on second quarter as strike drags on
Steelmaker Acerinox cautious on second quarter as strike drags on
Apr 25, 2024
(Reuters) - Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only slightly in the second quarter due to the weak European market and the prolonged strike at its Spanish mill. The company said that there is no guarantee that the labour dispute at its Spanish steel mill Cadiz will be...
Copyright 2023-2026 - www.financetom.com All Rights Reserved