How Will Boeing and GE Win Big With the 777X Launch?
At next week's Dubai Airshow, Boeing's newly designed 777 variant, the 777X, is set to win hundreds of orders, worth tens of billions of dollars. The 777X will sport the world's largest jet engine, designed by General Electric , that helps the 777X to tout itself as one of the world's most fuel-efficient long-range vehicles. The 777X's vast wingspan alone is prompting discussion on how to fit the massive jet onto some runways.
The 777X could be a huge win for Boeing. Rather than completely redesigning the popular wide-body jet, Boeing opted to make some tweaks to the existing design, most notably the new engine from GE and a new wing design based on technological breakthroughs gained from the design of the 787 Dreamliner. The 777X therefore offers the efficiency breakthroughs of the most cutting-edge aviation technology married to a proven design frame that should, ideally, offer Boeing the ability to produce a best-selling plane on the cheap. Here to talk more about the prospects that Boeing faces with the 777X is Motley Fool contributor Daniel Ferry.
Like Boeing for the dividend?
Dividend stocks can make you rich. It's as simple as that. While they don't garner the notoriety of high-flying growth stocks, they're also less likely to crash and burn. And over the long term, the compounding effect of the quarterly payouts, as well as their growth, adds up faster than most investors imagine. With this in mind, our analysts sat down to identify the absolute best of the best when it comes to rock-solid dividend stocks, drawing up a list in this free report of nine that fit the bill. To discover the identities of these companies before the rest of the market catches on, you can download this valuable free report by simply clicking here now.
The article How Will Boeing and GE Win Big With the 777X Launch? originally appeared on Fool.com.Fool contributor Daniel Ferry owns shares of General Electric Company. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.