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Investing.com — Boeing Co (NYSE:BA) stock is edging higher, up 0.29% at midday Tuesday, following news of its major program deliveries across its commercial and defense division for the third quarter of 2021.
The company booked 27 jet orders in September, reporting net aircraft sales for the eighth month in a row. Despite missing expectations, Boeing shares are trading slightly above Monday’s close.
“We made important progress driving stability throughout our operations in the third quarter, as we prioritized safety and quality and worked to deliver for our customers,” the company said.
The company booked 16 737 MAX orders and delivered 35 jets in September, including 26 737 MAX’s. In addition, the company restored 12 jet orders to the backlog during the month.
“Our defense and services teams delivered across several key programs. In our commercial business, we increased 737 MAX deliveries in the quarter, and progressed in safely returning the 737 MAX to service in more international market,” the company added.
The 787 Dreamliner is still undergoing checks on its production system and within the supply chain while holding detailed discussions with the FAA, suppliers, and its customers.
