Boeing Co (NYSE: BA) said last week that it had secured a $2.56 billion contract from the United States Air Force for two rapid prototype E-7A AEW&C Wedgetail aircraft.
The contract encompasses lifecycle development, training and support for the US E-7A fleet, Boeing Co said.
Stock Performance
The shares of Boeing Co (BA) closed 0.57% ($0.96) lower at $167.91 in New York on Friday, as they reversed a gain from the previous market session.
The company’s total market cap now stands at $103.461 billion.
The shares of Boeing Co (BA) went up 36.84% in 2023, compared with a 24.23% gain for the benchmark index, S&P 500 (SPX).
The plane maker’s shares have retreated 35.58% so far this year.
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