NYSE:BAAerospace & Defense
Boeing’s E‑3 Loss Puts Defense Role And Valuation In Sharp Focus
An E-3 Sentry AWACS aircraft was lost in a recent Middle East conflict following an Iranian attack.
The incident highlights pressures on the limited U.S. fleet of airborne early warning planes.
Boeing (NYSE:BA) manufactures both the aging E-3 Sentry and its proposed E-7 Wedgetail replacement.
For anyone following Boeing, this incident draws attention to its defense and surveillance business, not just its commercial jets. The E-3 Sentry loss underscores how much the U.S. relies on older...