Boeing CFO Says AFT Pressure Bulkhead Rework Will Take Longer Than Vertical Fin Issue Due To "Hundreds" Of Holes Needing Inspection; Says BCA Margins Will Be Negative In Current Quarter, BDS Margins Will Also Be Negative
Portfolio Pulse from Happy Mohamed
Boeing's CFO has announced that the rework on the AFT Pressure Bulkhead will take longer than the Vertical Fin issue due to the inspection of hundreds of holes. The company also expects negative margins for both BCA and BDS in the current quarter.
September 07, 2023 | 1:38 pm
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NEGATIVE IMPACT
Boeing's ongoing issues with the AFT Pressure Bulkhead and negative margins for BCA and BDS could negatively impact the company's stock in the short term.
The announcement of the extended timeline for the AFT Pressure Bulkhead rework and the expected negative margins for BCA and BDS indicate potential financial and operational challenges for Boeing. This could lead to a negative sentiment among investors, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100