Bloomberg Boeing Co. said it won’t compete for the Pentagon’s program to develop and procure the next-generation intercontinental ballistic missile, (ICBM) leaving Northrop Grumman Corp. as the sole bidder for a project valued at almost $85 billion. The announcement final Boeing’s previous indications that it wouldn’t bid on the program to replace aging Minuteman III ICBMs because it views the …

Bloomberg The US’s top aviation regulator took Boeing Co.’s chief to the woodshed in a sign that relations between the two sides have deteriorated and further delays in the return to service of the planemaker’s best-selling jet are likely. In an unusual public admonishment, Federal Aviation Administration head Steve Dickson presented Boeing Chief Executive Officer Dennis Muilenburg and Executive Vice …

Bloomberg EHang Holdings Ltd., one of several companies seeking to commercialise autonomous taxi aircraft, closed its first day of trading in the US with its shares down one cent from their price in its US initial public offering. The Guangzhou, China-based company raised $40 million, pricing 3.2 million American depositary shares at the bottom of its marketed range of $12.50 …