Boeing goes another month without a single airliner order

[SkatmanRoth]

20. Boeing has significant income from defense.

In 2019 Boeing collected 20 Billion 500 million dollars, about 34% of their income, on defense contracts. The Government may allow them to spin off the defense business to an independent company. Their next competitor, Lockheed Martin collected 53 billion 700 million dollars, about 94% of their income, on defense contracts.

Boeing may struggle on in the commercial sector, sans the defense contracts, for a few years, but they are at the end of the run for passenger aircraft. I own few stocks, and none of them are Boeing. My retirement is a pension from my employer, and a 401 plan. I am going to look if my 401 has any Boeing, and if so, I am going to see if I can modify it.

The part we can not readily change is the way the Government has allowed the defense contractor to merge into just a few companies. Remember when there were companies like Chance Vought, Convair, Douglass aircraft, McDonald Aircraft, Fairchild, and Curtiss? The phrase 'too big to fail' comes to mind.