Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Boeing Company (The)    BA

BOEING COMPANY (THE) (BA)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Boeing : Expands Its Drone, Pilotless Aircraft Business -- WSJ

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/06/2017 | 08:48am CET
By Doug Cameron 

This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (October 6, 2017).

Boeing Co. on Thursday said it plans to acquire Aurora Flight Sciences Corp., a maker of aerial drones and pilotless flying systems in a move the company said could pave the way for fleets of small flying taxis.

Virginia-based Aurora is a specialist in autonomous systems that allow military and commercial aircraft to be flown remotely, including technology that automates many functions, and has been working with Uber Technologies Inc. on a new vehicle that would take off and land like a helicopter.

Flying taxi-style concepts have attracted interest and funding from technology and aerospace companies, though face big hurdles including regulations that would allow fleets to operate alongside commercial airliners and other air traffic, as well as batteries to keep them aloft for several hours.

The purchase of Aurora would also expand Boeing's reach in the new field of electric-powered aircraft.

Boeing's venture capital arm also this year invested in Zunum Aero, a Washington state-based startup that on Thursday unveiled its plan for an electric-hybrid regional passenger jet.

"These types of technology are helping pilots today and are a steppingstone to pilotless aircraft," said John Langford, Aurora's founder and chief executive, in a live-streamed interview.

Greg Hyslop, Boeing's chief technology officer, said the work on autonomous systems also had potential benefits for a host of other industries looking to leverage the potential of so-called machine learning, where computers improve from experience.

The proposed Aurora deal marks Boeing's second acquisition in less than a year involving autonomous systems following last December's purchase of Liquid Robotics Inc., a maker of ships and undersea vehicles, and adds to a portfolio that includes aerial drone maker Insitu.

Terms for the proposed purchase of Aurora weren't disclosed. The firm has more than 550 staff and will be run as an independent unit in Boeing's engineering and technology business.

Aurora also produces composite parts for aircraft and other vehicles. Boeing is looking to produce more of its own parts as part of an insourcing strategy to reduce costs and potential disruption in its supply chain.

Boeing has been considering further acquisitions as part of the push to expand sales at its newly formed services arm to $50 billion over the next several years from around $14 billion at present.

Write to Doug Cameron at [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BOEING COMPANY (THE)
01/21 QATAR AIRWAYS RECEIVES A NEW AIRCRAF : Baker
01/20 BOEING : Jetliner breaks transatlantic flight record
01/19 BOEING : Top aerospace engineering firm Electroimpact cuts staff by 9 percent
01/19 QANTAS WORST AIRLINE POLLUTER : study
01/19 BOEING : Electroimpact cuts Mukilteo staff by 9 percent
01/19 AIR LEASE CORPORATION : › Air Lease Corporation : Activity Update for the..
01/19 DELTA AIR LINES : jetliner makes emergency safe return to Los Angeles
01/18 Global stocks pause after rally; U.S. bond yields hit 10-month high
01/18 Exclusive - Boeing willing to preserve Brazil's 'golden share' in Embraer dea..
01/18 Global stocks pause after rally; U.S. bond yields hit 10-month high
More news
News from SeekingAlpha
01/21 Military chopper crashes in California
01/21 Government shutdown enters second day
01/20 NO DOUBT : Boeing Won
01/19 AIRCRAFT SALES : $62.9B For Boeing
01/19 AIRCRAFT SALES : $61.5B For Airbus
Financials ($)
Sales 2017 92 527 M
EBIT 2017 9 487 M
Net income 2017 6 933 M
Debt 2017 2 321 M
Yield 2017 1,72%
P/E ratio 2017 29,79
P/E ratio 2018 26,05
EV / Sales 2017 2,20x
EV / Sales 2018 2,18x
Capitalization 201 B
Chart BOEING COMPANY (THE)
Duration : Period :
Boeing Company (The) Technical Analysis Chart | BA | US0970231058 | 4-Traders
Technical analysis trends BOEING COMPANY (THE)
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 336 $
Spread / Average Target -0,47%
EPS Revisions
Managers
NameTitle
Dennis A. Muilenburg Chairman, President & Chief Executive Officer
Jenette Ramos Senior Vice President-Supply Chain & Operations
Gregory D. Smith CFO & EVP-Enterprise Performance & Strategy
Ted Colbert Chief Information Officer
Gregory L. Hyslop CTO, Senior VP-Engineering, Test & Technology
Sector and Competitors
1st jan.Capitalization (M$)
BOEING COMPANY (THE)19.02%201 145
UNITED TECHNOLOGIES CORPORATION5.37%108 526
LOCKHEED MARTIN CORPORATION4.30%95 196
AIRBUS SE8.92%87 823
GENERAL DYNAMICS2.49%62 434
RAYTHEON4.87%56 858