The Boeing Company (NYSE:BA) is one of the On May 29, 2026, The Boeing Company (NYSE:BA) was awarded a maximum $528.32M modification to a definitized delivery order issued against a three-year basic ordering agreement for a performance-based support contract.
The award was a sole-source acquisition, with performance expected to be completed by September 16, 2027
The military services using the contract are the Air Force, Army, Navy, and Marine Corps, with fiscal 2026 defense working capital funds used for the appropriation. On May 27, 2026, The Boeing Company (NYSE:BA) was awarded an $854.67M modification to a firm-fixed-price, cost-plus-fixed-fee contract. The modification adds scope for the production and delivery of four P-8A Lot 13 aircraft to Foreign Military Sale customers, along with additional non-recurring engineering tied to P-8A diminishing manufacturing sources and material shortages, software integration, and hardware updates for the Navy and FMS customers.
Work is expected to be completed by September 2030. On May 18, 2026, Citi raised the firm’s price target on The Boeing Company (NYSE:BA) to $260 from $256 and maintained a Buy rating on the shares. Citi updated models across aerospace and defense and said it does not expect an “immediate V-shaped rally” without a resolution to the Middle East conflict.