The ratings on Chicago-based Boeing Co. reflect its position as one of two global producers of large commercial aircraft and one of the largest U.S. defense contractors as well as its exceptional liquidity. The ratings also reflect Standard&Poor's Ratings Services' expectations of much improved cash generation starting in 2012 and the gradual strengthening of currently subpar credit protection measures. Although the company has begun to deliver its new 787 and 747-8 airplanes, risks remain related to profitably ramping up production. The ratings also take into account risks from the long-term effects of changes in U.S. defense spending and substantial postretirement liabilities. We categorize Boeing's business risk profile as "strong" and its financial risk profile as "modest," as our
RESEARCH Summary: Boeing Co. Publication date: 27-Feb-2012 Primary Credit Analyst: Christopher DeNicolo, CFA, New York (1) 212-438-1449; christopher_denicolo@standardandpoors.com Secondary Contact: Philip Baggaley, CFA, New York (1)...
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Summary: Boeing Co. – 2012/08/29 – US$ 225.00
Bulletin: Boeing Ups Dividend, Restarts Share Repurchase Program; Ratings Not Affected – 2012/12/19 – Free
Bulletin: FAA Begins Review Of Boeing's New 787; Ratings Not Affected – 2013/01/11 – Free
Bulletin: FAA Temporarily Grounds Boeing's New 787; Boeing Co. Ratings Not Affected – 2013/01/17 – Free
Boeing Co. – 2013/04/26 – US$ 500.00
Boeing Co. – 2012/02/27 – US$ 500.00
Bulletin: Boeing Co.'s Reported 2011 Results, Including A Much Higher Pension Liability, Do Not Affect The Ratings Or Outlook – 2012/01/25 – Free
Summary: Boeing Co. – 2011/08/25 – US$ 225.00
Bulletin: Boeing Gets Large Order From American Airlines, Including New Version Of 737; No Rating Impact – 2011/07/20 – Free
Boeing Co. – 2011/02/28 – US$ 500.00
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