Boeing 737 MAX 10 nears FAA certification

The US Air Force awarded a $149M contract to four small steel companies (Superior Forge, Ellwood, Faxon, Grand Valley) to manufacture casings for the GBU-57 bomb, ending Boeing's 18-year monopoly. The move aims to diversify production and address supply shortages, with work extending through 2033. Boeing's past delays and the recent use of the bomb in operations prompted this change.

Boeing and Turkish Airlines finalized a deal for up to 150 737 MAX aircraft, including 100 firm orders. The agreement, signed in New York, follows a year of negotiations focused on engine terms. This is Boeing's largest single-aisle order with Turkish Airlines, who plans to use the aircraft for network expansion and fleet modernization. The deal is significant for Boeing as it seeks to regain airline confidence in the 737 MAX.

The FAA granted Boeing a waiver to produce up to 35 777 freighters from 2028 to 2031, exempting them from new emissions standards. Boeing argued the exemption was necessary to avoid disrupting the air cargo industry and protect U.S. jobs and exports. The FAA agreed, citing minimal environmental impact and public interest benefits.

Boeing (NYSE:BA) shares rose 0.86% Friday, outperforming the broader market as industrial stocks gained. Akasa Air is reportedly in talks for over 200 Boeing 737 Max jets, potentially worth billions. Analysts maintain a Buy consensus with an average price target of $272. Technically, Boeing faces resistance near $215.50 and support around $187.50.

Archer Aviation's acquisition of Boeing's Wisk Aero, SkyGrid, and Insitu subsidiaries cleared the Hart-Scott-Rodino waiting period, advancing a deal to combine autonomous flight, airspace software, and AI. The transaction, announced in August, still requires other regulatory approvals and is expected to close by the end of 2026. Boeing will retain access to Wisk’s technology and its stake in Archer.

Sun Group attended a meeting between Vietnam's President To Lam and Boeing in New York, discussing strategic cooperation to enhance Vietnam's aviation sector. The meeting focused on expanding capabilities beyond aircraft procurement, including maintenance, repair, and workforce training. Sun Group, which operates Sun PhuQuoc Airways, previously agreed to purchase 40 Boeing 787-9 Dreamliners worth $22.5 billion. The group is also investing in airport expansions and MRO complexes in Vietnam.