Boeing wins $552m Navy contract for MQ-25A Stingray aircraft

Boeing announced that the 737 MAX 10 has completed all flight tests and is nearing FAA certification. The MAX 10's certification includes two redesigned safety systems that will be retrofitted across the entire MAX fleet. The MAX 10 is the largest jet in Boeing's narrowbody family, with 1,533 aircraft on order. The certification process was delayed by engineering challenges, including an engine inlet overheating issue and a redesigned angle-of-attack system. The MAX 10's certification will enabl

The U.S. Air Force increased Boeing's KC-46 contract ceiling to $13.4 billion, including foreign sales. The contract is part of the Department of Defense's efforts to modernize and update its supply chains. Other defense contractors, including AeroVironment subsidiary BlueHalo and Northrop Grumman, also won significant contracts.

Boeing's KC-46 support contract with the U.S. Air Force was modified, increasing its ceiling to $19.1 billion from $5.7 billion. The modification adds foreign military sales scope for Japan and Israel, with work running through April 2035. The KC-46 Pegasus is a multimission aerial refueling aircraft used to replace the aging KC-135 fleet. Boeing has also secured other defense contracts this year, including Air Force and Navy awards.

Boeing (BA) delivered 51 jets in August, down 10.5% YoY, but YTD deliveries are the best since 2018. Q2 2026 revenue hit $24.5B (+8% YoY), with adjusted free cash flow turning positive at $631M. The backlog stands at $715B with 6,200+ orders. Despite a 5% YTD stock decline, long-term prospects appear promising.

James Purnell, now Prime Minister's chief of staff, hosted a dinner in June 2025 with Business Secretary Jonathan Reynolds and executives from defence firms, including Melrose Industries, Leonardo, Boeing, QinetiQ, and Rowden Technologies. The meeting was not declared until The Telegraph inquired, and the firms later secured £3 billion in government contracts, sparking accusations of cronyism. The government stated it was a routine meeting and the record has been corrected.

Boeing (BA) secured a $241.3M U.S. Navy contract for F/A-18 repairs, extending through 2032. Defense revenue rose 13% YoY to $7.5B in Q2, but the segment reported a $15M loss. Commercial aircraft deliveries supported total revenue growth of 8% to $24.6B. Investors await proof of defense profitability and commercial recovery.