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Stock impact report

Boeing reorganizes to focus on protecting supply lines in pandemic [MarketWatch]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: MarketWatch
Boeing Co. said late Tuesday it was creating a new department to focus on protecting its supply lines amid the coronavirus pandemic and "preparing now for the post-pandemic industry footprint." The new enterprise operations, finance, and strategy group will bring together teams responsible for manufacturing, supply chain and operations, finance, enterprise performance, strategy, enterprise services and administration, led by Chief Financial Officer Greg Smith. The new group will "embed operational excellence and consistent lean principles across Boeing and its supply chain, and restore production and supply chain health as Boeing and the broader aerospace industry recover from the COVID-19 pandemic," the company said. Shares of Boeing rose 0.6% in the extended session after ending the regular session down 5%. Show less Read more
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