Why Boeing Rallied Today
Shares of aircraft manufacturer (NYSE: BA) were rallying on Friday, up 5.9% as of 1:45 p.m. ET.
It has been a tough stretch for Boeing over the past few years and even in its most recent fourth quarter. However, the company's defense segment received great news today, as it was awarded the contract for the Department of Defense's next-generation warfighter aircraft program.
On Friday, President Donald Trump announced Boeing as the winner of the $20 billion initial contract to engineer and manufacture the F-47, which will be the DOD's sixth-generation warfighter, following the F-35.
Source Fool.com
Boeing Co. Aktie
174,00 €
0,15 %
Die Community sieht Boeing Co. leicht positiv: Mehr Buy- als Sell-Einschätzungen.
Das Kursziel von 219 € für Boeing Co. weist auf eine Steigerung von über 20% gegenüber dem aktuellen Kurs von 174.0 € hin.
