Boeing (BA) Stock Falls After U.S. Army Grounds Apache Helicopters Following Fatal Crash
TLDR
- The U.S. Army grounded all Apache helicopters after a fatal crash near Fort Hood, Texas, killing two service members.
- Boeing stock dipped 0.2% in early Monday trading following the news.
- Boeing’s Q2 revenue came in at $24.56 billion, up 8% year over year, but its EPS of -$0.76 missed estimates of -$0.34.
- Analysts hold a consensus “Moderate Buy” rating with an average price target of $272.58.
- Several institutional investors increased their Boeing positions in Q2, with 64.82% of stock held by institutions.
The U.S. Army temporarily grounded its fleet of Apache helicopters on Monday after a fatal crash near Fort Hood, Texas. Two service members lost their lives in the accident.
A U.S. Army Apache attack helicopter crashed in a field near Fort Hood, Texas, killing both the pilot and co-pilot. Compared to other Army helicopters like the Blackhawk, the Apache has had a higher accident rate. @MarthaRaddatz has the latest. https://t.co/2KlgcH5gt9 pic.twitter.com/oejFYZ0Q33
- World News Tonight (@ABCWorldNews) August 13, 2026
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