What Happened
Software Defect Triggers FAA Review and Threatens Certification
Boeing Co’s stock price fell 4.88% following the disclosure of a software bug in the 737 MAX flight management computer system. The defect affects automated vertical navigation guidance during missed-approach landing maneuvers, causing autopilot functions to disengage. The issue triggered a formal review by the U.S. Federal Aviation Administration, which may complicate certification for pending aircraft variants. Boeing reported $89.46B in annual revenue and $1.89B in net profit. This development was reported by an unknown source.