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Boeing Secures Approximately $14.7 Billion 7-Year Contract from Lockheed Martin

TIKR +1 ·

BA Boeing Co
$188.32 -0.79%
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  1. 1Boeing announced Monday that it has secured a 7-year contract from Lockheed Martin valued at $14.7 billion.
  2. 2The contract covers the missile seeker segment, while Boeing shares have seen a -9% price change over the past 6 months.
  3. 3Industry executives stated that Congress has not yet funded these contracts.

So what's the key point?

Boeing has signed a 7-year contract with Lockheed Martin to manufacture missile seekers. Boeing's stock price has seen a 9% change over the last 6 months.

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