Obama speaks at Boeing conference after $10 million donation
Former President Barack Obama spoke at a Boeing leadership meeting in January after the aerospace giant donated $10 million to the Obama Presidential Center, a company spokesman confirmed.
The address at the annual retreat follows one given by former President George W. Bush in 2018. Boeing – the top U.S. exporter and one of the largest U.S. defense contractors – also donated $10 million to the George W. Bush Presidential Center.
Obama discussed U.S. economic development and his new foundation, according to Bloomberg, which first reported the news.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| BA | THE BOEING CO. | 143.41 | -2.67 | -1.83% |
Boeing is poised to report its fourth-quarter earnings on Wednesday. Last year, the Chicago-based firm landed more than $13 billion in federal contracts, including a $9.2 billion order to replace the Air Force’s training jets.
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Boeing’s net income in the third quarter grew 31 percent to $2.3 billion. The company previously said its full-year profits would be as high as $15.10 per share.