Boeing CEO Says Fixed Price Defense Programs Are 'Cash Drains' That Boeing Will Never Do Again; Says Supply Chain Stability Could Affect Free Cash Flow Projection Of $10B In 2025-2026 Timeframe
Portfolio Pulse from Benzinga Newsdesk
Boeing CEO stated that fixed price defense programs are 'cash drains' and the company will not engage in them again. Supply chain stability could affect the projected free cash flow of $10B in 2025-2026.
June 02, 2023 | 12:56 pm
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Boeing's decision to avoid fixed price defense programs may improve financial stability, but supply chain issues could impact the $10B free cash flow projection for 2025-2026.
Boeing's decision to avoid fixed price defense programs could lead to better financial stability by preventing cash drains. However, supply chain stability issues may negatively impact the company's projected free cash flow of $10B in 2025-2026, creating uncertainty in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100