Boeing Stock Takes a Hit as US Army Grounds Apache Helicopters
Boeing's stock price wobbled after the U.S. Army announced it was grounding its Apache helicopters due to concerns over safety and maintenance issues.
The move has sent shockwaves through the defense industry, with investors and analysts closely watching Boeing's performance.
Boeing is one of the leading suppliers of military aircraft, including the AH-64 Apache helicopter, which is a critical component of the U.S. Army's aviation fleet.