Boeing Secures a $1.7B Contract to Deliver P-8A Poseidon Aircraft

The Boeing Company (BA) recently clinched a modification contract for the procurement and delivery of seven of its P-8A Poseidon aircraft. The award has been provided by the Naval Air Systems Command Patuxent River, MD. Valued at $1.68 billion, the contract is expected to be completed by September 2030. The majority of the work related to this deal will be carried out in Seattle, WA.What’s Favoring BA Stock?Rising global security challenges, including Russia’s invasion of Ukraine and prolonged unrest in par ...