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Boeing faces investigation after FAA delays 737 MAX 10 certification over software issue.

Market News
01 Oct 2026
PRNewsWire
View Source
Bearish
Boeing faces investigation after FAA delays 737 MAX 10 certification over software issue.

The U.S. Federal Aviation Administration (FAA) delayed certification of Boeing's 737 MAX 10 due to a software problem that may block pilots from using automated flight guidance during certain landings. This announcement caused Boeing's stock to drop nearly 7% on September 28, 2026. Following the stock decline, law firm Pomerantz LLP launched an investigation into whether Boeing and its executives engaged in securities fraud or other unlawful practices. Investors affected by this issue are encouraged to contact the law firm for potential class action participation.

Boeing's market cap stands at $147.05 billion as of October 1, 2026, 21:13 WIB, with a modest 0.03% dividend yield and a trading volume of 11,505,599 shares on Pluang. Despite the recent FAA certification delay causing a nearly 7% drop on September 28, Boeing's stock has rebounded slightly, showing a 0.35% gain on Pluang as of the same timestamp. Investor interest remains strong, with 90% of Pluang order activity on Boeing shares being buy orders and an average holding period of 83 days.

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Boeing wins $20B Navy fighter contract, but Northrop may protest, risking delay.

Boeing wins $20B Navy fighter contract, but Northrop may protest, risking delay.

The U.S. Navy awarded Boeing a $20 billion contract to develop the F/A-XX, a next-generation carrier-based fighter jet expected to enter service in the 2030s. This contract covers development and test aircraft, with full production and delivery detai...

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Ethiopian Airlines orders 10 Boeing freighters, including 8 new 777-8 models, expanding its cargo fleet.

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Boeing wins multi-billion-dollar US Navy contract to build sixth-gen F/A-XX fighter jet

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Boeing to report Q3 2026 earnings on October 27 with CEO and CFO conference call

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Boeing will announce its financial results for the third quarter of 2026 on October 27. CEO Kelly Ortberg and CFO Jay Malave will discuss the company's performance and outlook in a conference call starting at 10:30 a.m. ET. The event will be webcast ...

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Target cuts prices on 2,000 items ahead of holidays; Boeing wins $20B Navy fighter contract; NYC pied-à-terre tax delayed.

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Target is lowering prices on nearly 2,000 apparel and home products to boost value perception before the holiday season, aiming to increase customer traffic and loyalty despite short-term margin impacts. Boeing secured a $20 billion contract to devel...

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