Boeing Stock Takes Off With New Defense Contracts

Worth $300 million, the indefinite quantity contract runs through 2016 and tasks Boeing with providing hardware and service in support of US Special Operations Command’s UAVs. This contract is the biggest of multiple wins for Boeing, which includes two additional contracts totaling an extra $30 million. Perhaps even more exciting is the recent news that Boeing has emerged as the sole eligible bidder to help replace South Korea's aging aerospace fleet.

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