The Boeing Company BA shares are trading higher Monday after the company was awarded a US Navy contract worth $145.7 million.
What To Know: The order provides for the Increment Three Block Two engineering and manufacturing development capabilities upgrades to include the fleet release 300 and other hardware and software upgrades.
Also included are the necessary development, testing, integration, delivery and installations for the following P-8 aircraft trainers: operational flight trainer, weapons tactic trainer, mission systems desktop trainer, and the training systems support center for the Navy. The work is expected to be completed in March 2026.
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BA Price Action: Shares of BA were up 2.69% at $237.58 at the time of publication, according to Benzinga Pro.
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