Boeing: Jefferies gives a Buy rating

Boeing secured a $14.7 billion contract from Lockheed Martin to triple production of PAC-3 MSE seekers over seven years. The deal aims to enhance Patriot missile capabilities and create jobs in Alabama. Boeing emphasizes its supply chain improvements and commitment to quality. The contract supports advanced threat interception for U.S. and allied forces.

Boeing won a contract to build the F/A-XX sixth-generation fighter for the U.S. Navy, adding to its recent win for the Air Force's F-47. The F/A-XX will replace the Navy's F/A-18 Super Hornets and EA-18G Growlers, with a focus on stealth, range, and electronic warfare. The jet is expected to fly in the 2030s and operate with drone fighters, positioning Boeing as a key player in future air warfare.

BAE Systems (BA.L) won a $230.1M contract to produce 32 Amphibious Combat Vehicle chassis for the U.S. Marine Corps. Work will occur in York, Pennsylvania, through 2029. The company's shares rose 0.60% to 1,838.00 pence on the LSE.

NASA plans to invest $359 million more in Boeing's Starliner capsule for ISS missions, despite technical issues. The agency aims to send an unmanned Starliner to the ISS by late 2027, with a manned mission possible in 2028. The ISS is set to retire by 2030. SpaceX's Dragon Crew is noted as a cheaper, more reliable alternative. NASA insists on having two providers for ISS missions. Dr. Ken Kremer, a space expert, highlights the high stakes of maintaining a presence in low Earth orbit.

Boeing (BA) secured a $14.7b contract from Lockheed Martin for PAC-3 Missile Segment Enhancement seeker production. Shares closed at $188.32, down 15.59% over 90 days and 17.32% year-to-date. Analysts debate valuation, with some seeing it as 17.7% overvalued at $188.32 vs. a fair value of $160.01, while a DCF model suggests a fair value of $376.49.

The FAA concluded a software anomaly in Boeing 737 aircraft does not pose an unsafe condition, clearing a path for 737-10 certification. The issue, reported by WestJet, affects flight management systems but allows pilot control. Boeing and GE Aerospace are working on a permanent fix. Airlines like United and Southwest prefer older software versions. The 737-10, competing with Airbus A321neo, is in final certification stages, delayed from original schedule.