The company has not logged a profitable year since 2019, reporting a combined $33.3 billion in losses in the years that have followed.

VR holds immense potential to transform supply chain management, driving innovation and efficiency.

The move underscores the heightened attention on airline safety this year, with headline-grabbing incidents from multiple carriers. 

The overhaul will take years to take root, and will require support from customers who’ve been burned by Boeing’s delays and quality lapses.

How do we solve the problem of obsolete electronic components in the aviation and defense industry?

The beginning of flight testing accompanied a key milestone known as Type Inspection Authorization, which shows that aspects of the design are ready for government evaluations.

The DoJ gave Boeing the choice of entering a guilty plea and paying a fine or facing a trial on the felony criminal charge of conspiracy to defraud the U.S.

In exchange for pleading guilty to fraud, Boeing would be fined, promise to make safety improvements, and be placed under a three-year probationary period.

Boeing will have until July 5 to decide whether to plead guilty to the charges, the department told the families of victims of two fatal 737 Max crashes and their attorneys in a meeting June 30.

The NTSB says that Boeing's access to information on the investigation into January's door plug blowout aboard a 737 Max 9 has now been cut off.