Boeing Expands Contract With SAAB For 787 Dreamliner Program
Portfolio Pulse from Lekha Gupta
Boeing Co (BA) has expanded its contract with SAAB AB (SAABF) for the manufacturing of large cargo doors, bulk cargo doors, and access doors for the 787 Dreamliner. This is an extension of a contract signed in 2004. SAAB has delivered over 1,100 shipsets for the 787 Dreamliner program since its inception. Last month, Boeing warned of delivery delays of 737 MAX jets due to a manufacturing defect.
September 05, 2023 | 2:33 pm
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POSITIVE IMPACT
SAAB has expanded its contract with Boeing for the 787 Dreamliner program, continuing a partnership that began in 2004.
The contract expansion with Boeing is a positive development for SAAB, indicating a strong and ongoing partnership. This could potentially have a positive impact on SAAB's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Boeing has expanded its contract with SAAB for the 787 Dreamliner program. However, it recently warned of delivery delays for 737 MAX jets due to a manufacturing defect.
The contract expansion with SAAB is a positive development for Boeing, indicating a strong and ongoing partnership. However, the recent warning about delivery delays for 737 MAX jets due to a manufacturing defect could potentially offset any positive impact from the contract expansion.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100