Boeing received a $14.7 billion contract from Lockheed Martin to triple production of PAC-3 Missile Segment Enhancement seekers over seven years. This increase supports the U.S. Department of War's strategy to enhance national defense capabilities by accelerating delivery of advanced missile interceptors. Boeing has invested in factory expansion, supplier partnerships, and technology upgrades to meet production goals, creating hundreds of jobs in Huntsville, Alabama. The contract strengthens the U.S. Arsenal of Freedom by improving missile defense against advanced threats like hypersonic and ballistic missiles.
Following Boeing's $14.7 billion contract to boost PAC-3 MSE seeker production, Boeing's stock on Pluang is priced at USD 193.09, down 0.24% as of Oct 06, 2026 01:11 WIB. Lockheed Martin, the contract issuer, trades at USD 506.30 with a slight 0.18% gain on Pluang at the same time. Investor interest leans more towards Boeing, with 74% of orders to buy compared to Lockheed Martin's 57%.
The Federal Aviation Administration (FAA) has determined that a recently discovered software glitch in some Boeing 737 Max aircraft does not pose a flight safety risk. This decision clears the path for the certification of the Boeing 737 Max 10, the ...
Boeing's stock rose following the approval of a new four-year union contract covering 13,000 engineers and 4,000 technical workers. The agreement prevents a potential strike that could have disrupted 737 production and delayed aircraft deliveries, pr...
Boeing's engineers and technical workers, represented by the Society of Professional Engineering Employees in Aerospace, approved a new four-year contract that includes immediate 10% salary increases. This agreement came after workers rejected an ear...
The U.S. Navy awarded Boeing a $20 billion contract to develop the F/A-XX, a next-generation carrier-based fighter jet expected to enter service in the 2030s. This contract covers development and test aircraft, with full production and delivery detai...
The U.S. Federal Aviation Administration (FAA) delayed certification of Boeing's 737 MAX 10 due to a software problem that may block pilots from using automated flight guidance during certain landings. This announcement caused Boeing's stock to drop ...
