Stock Update: The Boeing Company (NYSE:BA) – AIRSHOW-Boeing KC-46A tanker uses modified boom to pass fuel to C-17 – U.S. Air Force

[Reuters] – Boeing Co’s KC-46A refueling plane has successfully transferred fuel to an F-16 fighter jet and a C-17 cargo plane using a modified boom outfitted with new hydraulic pressure relief valves, the U.S. Air Force said on Wednesday. “This week’s successful tests show the boom axial loads hardware fix, designed by Boeing engineers, is performing as expected to alleviate the loads,” the Air Force said in a statement on its website. Boeing was forced to modify the refueling boom, delaying the $49 billion program, after earlier tests showed the fuel transfer had put too much pressure on the boom, a long pipe that extends out of the back of the aircraft. Read more on this. , with a current market cap of $irecting to http://finance.ya, ended session yesterday at $. During the trading session, BA traded between $ and has traded between $ over the past 12 months. Priced at x this year’s forecasted earnings, BA shares are relatively inexpensive compared to the industry’s x forward p/e ratio. In a review of the consensus earnings estimate this quarter, 0 sell-side analysts are looking at $ per share, which would be $0.00 worse than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $ is a $0.00 setback when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $0.00 . If reported, that would be a 0.00% decrease over the year-ago quarter. Recently, d BA from to (/f). Previously, d BA from to . When considering if perhaps the stock is under or overvalued, the average price target is $, which is 0.00% below where the stock opened this morning. See more in (NYSE:BA) Similar Articles: Stock Update: The Boeing Company (NYSE:BA) – FAA orders checks on fuel valves in Boeing planes Market Update: The Boeing Company (NYSE:BA) – Boeing wins contract to build new Air Force One presidential jets Company Update: The Boeing Company (NYSE:BA) – Boeing completes first refueling flight of KC-46A tanker