Boeing's Order Activity Is Heating Up Again
After a strong start to 2017, Boeing (NYSE: BA) saw a distinct slowdown in order activity beginning around midyear. Indeed, after capturing 381 firm orders in the first half of the year, Boeing only booked 117 firm orders between early July and mid-October.
Investors need not have been worried. As expected, Boeing's order activity is accelerating as the end of the year approaches. Thanks to a slew of recent firm orders, Boeing could soon surpass its 2016 order total.
Earlier this week, Boeing made a highly publicized announcement about an agreement to sell 300 airplanes to China Aviation Supplies Holding Company. This deal was signed in conjunction with President Trump's visit to China.
Source: Fool.com
Boeing Co. Stock
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