Dreamliner a Nightmare for Aerospace ETFs By Don Dion About this article: ETF investors holding PowerShares Aerospace & Defense ETF and iShares Dow Jones US Aerospace & Defense should be prepared for a pinch as top holdings Boeing and Lockheed Martin continue to struggle. Boeing's abysmal third-quarter earnings report reflected the troubles the company has been facing. With a $3.5 billion added charge for their delayed 787 Dreamliner and revamped 747-8, the firm posted a net loss of $1.56 billion, or $2.33 per share. This was steeper than the $2.10 per share loss that analysts had been estimating. While this is staggering at face value, a Bloomberg report puts the loss into perspective: According to their records dating back to 1983, this drop is the largest Boeing has ever seen. While Boeing is facing issues on the commercial side, its defense arm provided a small glimmer of optimism. In the third quarter, the company saw its profits jump... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200. More Stories From RealMoney Durable Goods Up Move Down the Tech Food Chain Jobless Claims Still High Bulls' Tenacity Is the Big Question Mark Should You Buy It? Pharmaceutical Product Development Bad News Trumps All Support for Banks Holds, For Now Bummer, Yields Are on the Rise Money on the Line Makes a Big Difference Structured Products: Unsafe at Any Price MORE STORIES FROM REALMONEY

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