Defense Firms to Vie for Virus Aid With Boeing Weighing Options [Yahoo! Finance News]
Boeing Company (The) (BA)
Last boeing company (the) earnings: 4/29 07:30 am
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Source: Yahoo! Finance News
) --U.S. defense contractors and a huge network of their suppliers are expected to seek some of the $17 billion pool of federal money designated for companies vital to national security and contending with coronavirus disruptions.Problem is, no one knows who will qualify for the funds, what the application process will be, or when Treasury Secretary Steven Mnuchin will distribute the money.An even bigger unknown is whether Boeing Co., the No. 2 U.S. defense contractor, will tap -- and possibly exhaust -- the national-security fund. The money comes with a condition that could turn the Chicago-based company away from seeking some of the $17 billion pot: It must give the U.S. an equity stake in return for the money.Whether Boeing applies for some of the fund will determine how much money is left for hundreds of thousands of other defense contractors that may be vying for help amid the virus outbreak.“The number of companies this will affect is going to be very significant,” said Hawk Car
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BA
Earnings
- 10/29/25 - Miss
BA
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- 12/3/25 - Form 4
- BA's page on the SEC website