US Air Force awards Boeing $131 billion F-15 contract to sustain Eagle fleet through 2037

Archer Aviation (ACHR) shares rose 36% in a month, driven by acquisitions from Boeing, including Insitu, and a successful test flight. Boeing will take a 20% stake. Archer aims to diversify into defense and AI, but faces high losses and cash burn. Q2 revenue was $5M, with a net loss of $263.2M. Cathie Wood's ARK increased its stake.

Boeing and Scott Air Force Base leaders discussed the St. Louis region's aerospace ecosystem at the 2026 Global Aerospace Summit. They highlighted innovation, readiness, and growth opportunities, emphasizing the region's role in defense and advanced manufacturing. Boeing's MQ-25 program, with a $200M investment, is a key focus, creating jobs and economic growth. Leaders noted the region's unique assets and partnerships as critical for future aerospace advancements.

The FAA issued an Airworthiness Directive requiring inspections on certain Boeing 787 Dreamliners due to potential fatigue cracks in wing structures. The issue stems from excessive shim gaps and assembly forces, which could lead to cracks in critical wing components. Affected aircraft must undergo ultrasonic and visual inspections to detect and repair any cracks, with compliance intervals based on flight hours and cycles. The FAA estimates 17 U.S.-registered aircraft are affected.

Boeing's 737 Max 7 variant received FAA certification after nearly eight years of testing. The aircraft can carry 160 passengers and travel 3,800 nautical miles. Southwest Airlines is the primary customer. Boeing has seen recent improvements, including increased production caps and self-certification approval. The FAA will continue inspecting Boeing factories. The Max 7 has fewer orders compared to the larger Max 10, which has over 1,500 orders.

Boeing failed to overturn a $72 million trade secrets loss in the Ninth Circuit, which ruled it had jurisdiction. The case involves Zunum Aero's appeal and Boeing's patent counterclaim. The decision leaves the verdict intact, impacting Boeing's legal and financial standing.

Boeing halted 787 deliveries due to microscopic flaws in carbon-fiber structures, with no grounding of in-service aircraft. The issue stems from automated production processes, and recalibration may delay deliveries into Q4 2026. Airlines like United and ANA could be affected, and industry standards are under review.