Boeing Awarded $528.32M Contract Modification
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Boeing was awarded a maximum $528.32M modification to a definitized delivery order issued against a three-year basic ordering agreement for the performance-based support contract. This was a sole-source acquisition using justification 10 U.S. Code 3204, as stated in Federal Acquisition Regulation 6.302-1. The performance completion date is September 16, 2027. Using military services are Air Force, Army, Navy and Marine Corps. Type of appropriation is fiscal 2026 defense working capital funds. The contracting activity is Defense Logistics Agency Weapons Support.
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Analyst Views on BA
Wall Street analysts forecast BA stock price to rise
16 Analyst Rating
14 Buy
1 Hold
1 Sell
Strong Buy
Current: 228.780
Low
150.00
Averages
269.14
High
298.00
Current: 228.780
Low
150.00
Averages
269.14
High
298.00
About BA
The Boeing Company is an aerospace company. Its segments include Commercial Airplanes (BCA), Defense, Space & Security (BDS), and Global Services (BGS). Its BCA segment develops, produces and markets commercial jet aircraft principally for the commercial airline industry worldwide. Its family of commercial jet aircraft in production includes the 737 narrow-body model and the 767, 777 and 787 wide-body models. Its BDS segment is engaged in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility. Its BGS segment provides services to its commercial and defense customers worldwide. It sustains aerospace platforms and systems with a range of products and services, including supply chain and logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Multi-Branch Coverage: The contract spans multiple military branches, ensuring Boeing's extensive influence in the defense market while strengthening its long-term partnership with the U.S. government.
- Project Completion Timeline: The work under this agreement is scheduled to be completed by September 16, 2027, providing Boeing with a stable revenue stream and project management opportunities.
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