Boeing shares slumped as much as 2.5 per cent in response to the news, with Bloomberg reporting that “people familiar with the matter” say the order is in response to Trump’s imposition of tariffs of up to 145 per cent on Chinese goods.
The completion of the AIR5440 program, dubbed “an important milestone in the delivery of a complex air mobility capability upgrade achieved through strong defence industry collaboration”, was marked with an event at RAAF Base Richmond this month.
Boeing shares slumped as much as 2.5 per cent in response to the news, with Bloomberg reporting that “people familiar with the matter” say the order is in response to Trump’s imposition of tariffs of up to 145 per cent on Chinese goods.
