Boeing helicopter production will drop sharply in the fourth quarter of 2020.
A new generation of rotorcraft is being developed and Boeing will probably get revenue from these programs but its profit margins will be smaller.
Rotorcraft does not drive the stock price but the lower profits will lower the value of Boeing stock. Nevertheless, the earnings decline is about 2%. This is a hold.
Boeing's (BA) 4500 person Pennsylvania plant will produce 53 Chinooks this year. After Oct 2020 that will drop to 4. The Arizona plant will stop Apache new built helicopters. The army is cutting