Wednesday, April 7, 2010 as of 11:14 AM ET
W. James "Jim" McNerney, Jr, (born August 22, 1949 in Providence, Rhode Island) is an American business executive.
Read More at Wikipedia ›Demand for Boeing Co's new commercial airplanes is growing, even as the U.
S. plane maker faces ongoing challenges in defense spending, Chief Executive Jim McNerney told shareholders on Monday.The company had anticipated the defense downturn for several years, he said at a shareholders meeting in Chicago. In preparation for cutbacks in U.S. government spending, defense companies have cut jobs, shed non-strategic units and are making acquisitions in niche growth areas.Boeing, the world's largest aerospace and defense company, is ramping up production of commercial airplanes to meet increased demand from airlines while it faces pressure from defense cutbacks.Boeing's commercial orders have grown rapidly this year, while production has accelerated on all its commercial planes including the 787 Dreamliner. The new lightweight carbon-composite airplane came to market in 2011 after three years of delays.Boeing also hopes to win orders for its upcoming 737 MAX, with a new, fuel-efficient engin...By Kyle PetersonBoeing Co posted a larger quarterly profit on Wednesday that topped analyst forecasts on strong operating margins and the company upped its profit fo...
Boeing (NYSE:BA) easily beat the Street on Wednesday with a 31% bump in third-quarter profits, leading the aerospace and defense giant to boost its full-year earning...
Boeing’s (NYSE:BA) shares flew higher Wednesday morning after the aerospace and defense giant beat the Street with a 20% jump in second-quarter earnings and boosted ...
By Kyle PetersonSpeaking to reporters a day before the start of the Paris Air Show, Jim Albaugh reiterated that the company would not be pressured into making a hast...
By Bill Rigby and Kyle PetersonSEATTLE/CHICAGO (Reuters) - Boeing Co on Tuesday asked a court to throw out a government case that accuses the plane-maker of putting ...
Home Depot Co-Founder Ken Langone on the union battle facing Boeing.
By Kyle PetersonCHICAGO (Reuters) - The global airline industry so far is resilient to soaring fuel costs, and carriers are showing strong demand for newer, more fue...
By Kyle PetersonCHICAGO (Reuters) - Boeing Co's <BA.N> quarterly profit rose 13 percent and beat expectations despite a slight decline in revenue as the company impr...
Boeing ’s (NYSE:BA) profits received a 13% bump in the first quarter, prompting the aerospace and defense giant to stand by its full-year guidance.Chicago-based Boei...
Six months after his company settled fraud charges with the government, the chief executive officer of Goldman Sachs , Lloyd Blankfein , was invited by the White Hou...
CHICAGO (Reuters) - Boeing Co said the first delivery of its long-delayed 787 Dreamliner has been pushed to the middle of the first quarter of 2011 from the fourth q...
FBN's Sandra Smith on Boeing's new 787 Dreamliner test flight.
Earnings at aerospace heavyweight Boeing (NYSE:BA) soared by a stronger-than-expected 58% in the first quarter thanks in part to a surge in commercial airline delive...
A group of chief executives on Wednesday called for major changes in Washington, including modifying parts of the Dodd-Frank financial overhaul bill and balancing th...
General Electric (NYSE:GE) and JPMorgan Chase (NYSE:JPM) both unveiled plans on Monday to hire thousands of U.S. veterans as part of efforts to expand domestically a...
Jet maker Boeing (NYSE:BA) revealed a stronger-than-expected 20% increase in fourth-quarter profit and announced on Wednesday a mega deal with Norwegian Air that mar...
By Kyle PetersonStrong demand for commercial and military aircraft lifted quarterly earnings at Boeing Co <BA.N>, making the builder of the new 787 Dreamliner the la...
By Kyle PetersonBoeing Co posted a larger quarterly profit on Wednesday, topping analyst forecasts, on strong commercial and military sales, and the company raised i...
By Kyle PetersonBoeing Co posted a larger quarterly profit on Wednesday, topping analyst forecasts, on strong commercial and military sales, and the company raised i...
