Boeing Causes Aerospace ETFs More Pain By Don Dion About this article: Boeing took another hit this week. This time, however, it was not thanks to its infamous 787 Dreamliner. Rather, it was the company's line of 747s slowing things down. This recent holdup comes less than a week after the company lost an important $3.8 billion contract to Northrop Grumman . Investors holding the PowerShares Aerospace & Defense and iShares Dow Jones U.S. Aerospace & Defense ETFs will likely continue on their bumpy ride. While the Dreamliner has been making headlines, another big project on Boeing's plate recently has been a revamping project for the company's line of 747s. The new model, the 747-8, will be longer and be equipped with new wings, engine and cockpit. Unfortunately, by focusing on the two enormous projects at once, it appears that the company may have stretched itself too thin. Most recently, management announced that the company would... 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

If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.