Boeing (BA) Secures $489.31M Contract From The Naval Air Systems Command

The Boeing Company (NYSE:BA) is one of the 10 Best Space Exploration Stocks to Buy According to Analysts.

Boeing (BA) Secures $489.31M Contract From The Naval Air Systems Command

On March 13, 2026, The Boeing Company (NYSE:BA) secured a $489.31 million contract from the Naval Air Systems Command. The order covers non-recurring engineering and specialized test kits and aims at improving the integration of the AN/ALQ-264 Beowulf upgrade to the EA-18G platform. The contract is anticipated to be completed in February 2030.

Separately, on the same day, The Boeing Company (NYSE:BA) was awarded a $2.34 billion contract modification from the Air Force Lifecycle Management Center to continue developing the E-7A Rapid Prototype Airborne Mission Segment. Fiscal 2026 research, development, testing, and evaluation funding totaling $31 million is being obligated at the contract award stage, with completion scheduled for August 2032.

As of March 17, 2026, CNN reported that 77% of 30 analysts covering The Boeing Company (NYSE:BA) have assigned a Buy rating to the stock. The average 1-year upside potential for the stock is 29.99%, with a median price target of $277.50.

Founded in 1916, The Boeing Company (NYSE:BA) is a global aerospace and defense company that manufactures commercial jetliners and defense, space, and security systems. Its headquarters is in Virginia.

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