secwatch.observer — SEC 8-K summary
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Issuer:     BOEING CO (BA)
CIK:        0000012927
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0000012927-24-000051
Event type: earnings
Sentiment:  negative
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boeing Q2 GAAP loss per share ($2.33); revenue down 15% to $16.9B; free cash flow ($4.3)B
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- Revenue $16.9B (-15% YoY); GAAP EPS ($2.33), core EPS ($2.90); operating cash flow ($3.9)B, free cash flow ($4.3)B.
- Commercial Airplanes delivered 92 aircraft (-32% YoY); segment loss $715M; plans to increase 737 production to 38/month by year-end.
- Defense, Space & Security loss $913M from $1B fixed-price program charges (KC-46A $391M, T-7A, VC-25B, Commercial Crew).
- Announced agreement to acquire Spirit AeroSystems; transaction expected to close mid-2025; submitted safety plan to FAA.
- Cash and investments $12.6B, debt $57.9B; $244M charge for potential DOJ fine.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/12927/000001292724000051/0000012927-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/12927/000001292724000051/ba-20240731.htm
  HTML page:      https://secwatch.observer/filing/0000012927-24-000051

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