Boeing (BA) to Acquire ETS Aviation

Shares of the Boeing Company (BA) closed up +0.88, or +0.67 percent to $131.84 per share in moderately active trading on Thursday, while the general market gained moderately. The company announced early this morning it had agreed to purchase UK aviation software company, ETS Aviation. Terms of the deal were undisclosed.

Chicago, Illinois based Boeing Company is an American multinational aerospace corporation involved in the design and manufacture of fixed wing aircraft, rockets, satellites and rotorcraft.
The companyâ s main components include Boeing Military Aircraft, Commercial Airplanes, Network & Space Systems and Global Services & Support. Boeing is one of the largest aircraft manufacturers in the world and the second largest aerospace and defense contractor. Stan Deal, senior vice president of Commercial Aviation Services for Boeing Commercial Airplanes said that, â

Published on May 23, 2014
By Jay Hawk
Jay Hawk
Jay Hawk enjoyed a 12-year professional financial markets career incorporating extensive first hand futures and options experience obtained by trading in the stock, commodity and forex markets on U.S. exchanges. Since retiring as a full-time financial market professional, he has been actively trading stock, commodities, forex and options for his own account and managing funds for others, as well as writing financial market commentary and educational articles.

Copyrighted 2016. Content published with author's permission.

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