“BA Wins $20B U.S. Navy Contract Following Stock Price Plunge”
Boeing's military division future outlook is getting better due to successive contract wins, despite potential pressure on crowded production lines and past delivery delays.
take a look at the chart showing Boeing's stock performance over the past year. It was a somewhat up- and-down trip. We are up today thanks to this latest news about the deal, although we are currently falling back from the session highs.
It may have something to do with the slight rise in oil prices, but we are focusing heavily on today's news because the company has won a new military contract.