Boeing's stock price soars after securing a $20 billion contract for a new generation of fighter jets
2026-09-30 13:34:06
CoinMeta US stock data: Boeing's stock price soared after the company received a $20 billion contract from the US Navy for a new generation of fighter jets. The Navy's choice of Boeing as the developer for the next-generation F/ A-XX fighter jet project marks a significant victory for Boeing's defense business. The contract awarded by the Pentagon to Boeing is worth approximately $20 billion and is intended for the full-scale development of this carrier-based fighter jet, defeating rival Northrop Grumman. Boeing's victory is its second major sixth-generation fighter jet project and is expected to be crucial for the company's long-term recovery. Investors responded positively to this news, with Boeing's stock closing at $187.68 on September 29, up about 1.8% from regular trading levels.
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Source:Coinpaper
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