NYSE:BAAerospace & Defense
Boeing (BA) Valuation Check After New Long-Term U.S. Navy Super Hornet Upgrade Contract
Boeing (BA) just picked up a multi year U.S. Navy contract to upgrade and extend the life of F/A 18E/F Super Hornets, giving investors clearer defense revenue visibility through 2028 despite softer commercial orders.
See our latest analysis for Boeing.
The contract news lands after a busy few months, from Moody’s reaffirming Boeing’s credit rating to Citi calling it a turnaround play and investors cheering commentary that the stock has likely bottomed. The backdrop is a 20.67% 1 month share...