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Tag Archives: Jim McNerney

Dennis Muilenberg to Succeed Jim McNerney as Boeing CEO

Dennis Muilenberg

Dennis Muilenberg, vice chairman, president and chief operating officer at Boeing (NYSE: BA) for the past two years, has been elected by the company’s board of directors to succeed the retiring CEO Jim McNerney on July 1. Boeing said Tuesday that McNerney, 65, will continue to serve as chairman of ...

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Boeing Sets Company Sales Record in FY 2013; Jim McNerney Comments

Jim McNerney

Boeing set a company record for sales in its 2013 fiscal year and attributed the number to sales of commercial aircraft and military equipment despite sequestration cuts on the U.S. defense budget, DoD Buzz reported Wednesday. Brendan McGarry writes the airplane maker had a 6-percent revenue increase from fiscal 2012 ...

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Boeing Defense, Security & Space 2Q Revenue Grows on Higher Volume

Boeing Co. (NYSE: BA) reported financial results for the second quarter of its 2012 year Wednesday, reporting revenue growth in both of its major businesses compared to the same period in 2011. Quarterly Defense, Security & Space revenue grew 7 percent over the second quarter of 2011 as: military aircraft ...

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Report: Boeing Gives Non-Execs 20% More in 2011 Bonuses

Boeing (NYSE: BA) is giving nonexecutive white-collar employees a 20 percent increase in their 2011 bonuses, the Seattle Times reports. Starting Feb. 16, the company will pay $605.1 million to 109,993 employees, or nearly $5,500 per worker. The announcement comes after the company released its financial results on Jan. 25, reporting ...

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Boeing, Northrop to Release Quarterly Financial Results July 27

Northrop Grumman (NYSE: NOC) will announce its second-quarter 2011 financial results July 27, 2011. The company will hold a conference call that day at 11:30 a.m. EST, which will be webcast live on Northrop Grumman’s website. Participants will include President and CEO Wes Bush and CFO Jim Palmer. Boeing Company (NYSE: BA) will release its ...

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Boeing Board Declares Dividend of 42 Cents Per Share

Boeing (NYSE: BA) Chairman, President and CEO Jim McNerney reports the company’s board of directors has declared a regular quarterly dividend of 42 cents per share. As of noon Tuesday, June 28, Boeing was trading at $72.08 per share. The dividend is payable Sept. 2, 2011, to shareholders of record as of Aug. ...

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Boeing Rolls Out Fiscal Numbers

Boeing (NYSE: BA) released the following fiscal information: “Second-quarter earnings per share of $1.06 on operating margin of 8.4 percent and revenue of $15.6 billion, with operating cash flow of $0.3 billion reflects continued investments in development programs.  Also, cash and marketable securities of $10.0 billion provides strong liquidity and ...

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