Shares of Boeing Co. BA, -1.20% dropped 1.20 %to $151.82 Friday, on what confirmed to be an all-around miserable trading session for the securities market, with the S&P 500 Index SPX, -1.07% dropping 1.07% to 3,924.26 and Dow Jones Industrial Standard DJIA, -1.07% falling 1.07% to 31,318.44. This was the stock's 4th consecutive day of losses. Boeing Co. ba stock price today shut $82.12 short of its 52-week high ($ 233.94), which the company achieved on November 15th.

The stock showed a mixed performance when contrasted to several of its competitors Friday, as Honeywell International Inc. HON, -2.01% fell 2.01% to $186.89, Lockheed Martin Corp. LMT, -0.96% dropped 0.96% to $418.57, and also Northrop Grumman Corp. NOC, -0.70% fell 0.70% to $476.95. Trading volume (5.2 M) remained 2.7 million listed below its 50-day ordinary volume of 7.9 M.

Boeing says plannings to build on existing financial investments in India

Planemaker Boeing (BA.N) intends to improve its existing financial investments in India in locations such as support supply chains and manufacturing, the firm said on Wednesday.

The world's second-largest planemaker is providing its F/A -18 competitor jet up for sale to India's armed forces as well as said the option of the jet would help boost financial investments in the nation's support sector.

" Boeing anticipates $3.6 billion in financial impact to the Indian aerospace and defence market over the following one decade, with the F/A -18 Super Hornet as India's following carrier-based fighter," the company stated in a declaration.

India is just one of globe's biggest arms importers, spending $12.4 billion in between 2018 and 2021, the SIPRI Arms Transfers Database reveals.

Head Of State Narendra Modi's federal government is aiming to residential companies as well as eastern European nations for armed forces gear as well as ammo and has recognized 25.15 billion rupees ($ 324 million) worth of protection equipment it wants residential firms to produce in 2022, Reuters reported previously this year

See inside Boeing's first-ever 777X airplane screening tech like the jet's innovative folding wingtips

Virgin Australia is making a bullish bet on the Boeing 737 MAX by increasing its preliminary order to eight jets prior to the initial one has even flown.

The airline today validated it would certainly add four even more MAX 8 airplane to the fleet from 2023-- a relocation which swells Virgin's total 737 family members fleet to an all-time high of 92 jets, larger than the years when previous CEO John Borghetti initially placed Qantas in the affordable cross-hairs.

"In spite of the obstacles dealt with by our industry, demand for travel stays solid, as well as we're responding with a focus on the lasting by raising the efficiency as well as sustainability of our fleet with four extra Boeing MAX eights joining our fleet from 2023," noted Virgin Australia Group CEO Jayne Hrdlicka.

The initial 737 MAX in Virgin livery is set up to be flying from February 2023, after winging its means from Boeing's setting up centre at Renton, south of Seattle, to Virgin's Brisbane hangars.

And the new jets will be crowned by a brand-new company class seat-- although this is tipped to be the same layout that's being trialled on 2 of the airline's Boeing 737-800s already darting around Virgin's residential network.

Hrdlicka has lots of praise for the comfortable and well-equipped seats, which include a leg-rest and also storage pocket lacking in the current company class, as well as AC/USB power electrical outlets and a handy holder for tablet computer and smart devices.