Boeing's Commercial Order Book Contains a Special Gift From the U.S. Navy

All 16 of the 737 planes ordered this week will go for conversion into Navy P-8A Poseidons.

Feb 27, 2014 at 1:48PM

Boeing (NYSE:BA) on Thursday released its latest report on airplane orders received -- and canceled -- through late February, showing an increase in the latest week.

To date this year, the aerospace giant has booked:

  • 98 "gross" orders for various flavors of its 737 regional airliner.
  • Four orders for the 777 airliner.
  • One 747 order.
  • One 787 order.

No new order cancellations have come in since last week. So after subtracting the (still) 12 orders for single-aisle 737s lost so far this year, Boeing is left with 92 net orders booked to date in 2014 -- 16 more than last week.

The real story here is where those 16 orders for supposedly civilian 737s came from: the U.S. Navy. On Tuesday, the Navy awarded Boeing a contract to supply 16 of the company's new P-8A Poseidon Multimission Maritime Aircraft, a sub-hunting aircraft built upon a 737 fuselage.

These 16 737s, which appeared in the order book for Boeing's commercial airplanes division this week, will in the months to come shift over to the "deliveries" page for the airplane manufacturer's defense, space and security division.

Www
Boeing's P-8A Poseidon. Source: U.S. Navy.

link

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at www.fool.com/podcasts.

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to www.fool.com/podcasts, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.

 


Compare Brokers