$24M for new refrigerators on Air Force One [CNN]
Boeing Company (The) (BA)
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Source: CNN
Air Force One's new refrigerators cost $24 million The US Air Force awarded Boeing a $23.6 million contract in December to replace two of the five "cold chiller units" aboard the aircraft used by President Donald Trump. "The current rear lower lobe cold chiller units being replaced are the original commercial equipment delivered with the aircraft in 1990. The units were based on the technology at the time and designed for short-term food storage," Air Force spokesperson Ann Stefanek told CNN. "Although serviced on a regular basis, reliability has decreased with failures increasing, especially in hot/humid environments. The units are unable to effectively support mission requirements for food storage," she said. Defense One highlighted the cost of the chillers earlier this week. Due to the fact that Air Force One is a one-of-a-kind aircraft, many of its components require unique testing by the Federal Aviation Administration and the cost of the testing is included in the price of the
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BA
News
- The Boeing Company (NYSE: BA) was downgraded by analysts at Northcoast Research from a "neutral" rating to a "sell" rating. They now have a $140.00 price target on the stock.MarketBeat
- Boeing Whistleblower Detailed Alleged ‘Physical Threats' From Bosses After Raising Safety Concerns [Forbes]Forbes
- Senators Question Boeing's 2021 DOJ Deal—“Come Back To Accountability” [Forbes]Forbes
- Boeing Critic Says He Shared Missing 737 Bolt Records With FBI [BNN Bloomberg (Canada)]BNN Bloomberg
- Boeing whistleblower: ‘Absolutely' a culture of retaliation [Yahoo! Finance]Yahoo! Finance
BA
Earnings
- 1/31/24 - Beat
BA
Sec Filings
- 4/11/24 - Form PX14A6G
- 4/8/24 - Form 3
- 4/5/24 - Form DEFA14A
- BA's page on the SEC website