How to fix Boeing, according to a former Airbus technology chief [Fortune]
RTX Corporation (RTX)
Company Research
Source: Fortune
The modern air transportation system is nothing short of miraculous. Airplanes are some of the most complex feats of engineering created by humans, and yet thousands of them fly daily with so few incidents that flying is one of the safest modes of travel, second only to taking an elevator (and safer than walking, not to mention driving). It is not a miracle but a meticulously accumulated set of engineering principles, quality processes, and operating procedures–all underpinned by a set of cultural mores to ensure that they are faithfully and intelligently implemented. This cultural element is the magic ingredient. And it is what's broken at Boeing. Take, for example, the tragic crashes of two Boeing 737 MAX aircraft a few months apart in 2018 and 2019. A key aviation engineering principle is that safety-critical systems cannot have a single point of failure. Boeing engineers convinced themselves (and the FAA) on paper that the MCAS system, which was found to be the culprit, was not
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RTX
News
- Grupo Aeroportuario del Pacifico Reports in April 2024 a Passenger Traffic Decrease of 7.3% Compared to 2023 [Yahoo! Finance]Yahoo! Finance
- Here's Why RTX (RTX) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- RTX's new generation of commercial satellite imagers launches with Maxar's WorldView Legion [Yahoo! Finance]Yahoo! Finance
- RTX's new generation of commercial satellite imagers launches with Maxar's WorldView LegionPR Newswire
- RTX Board of Directors Increases Quarterly Cash DividendPR Newswire
RTX
Earnings
- 4/23/24 - Beat
RTX
Sec Filings
- 5/2/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 144
- RTX's page on the SEC website