Is The Boeing Company (BA) The Best Military Technology Stock To Buy Right Now?

The Boeing Company (NYSE:BA) is among the 11 best military technology stocks to buy right now. As of the close on February 20, the stock is a Strong Buy with an average share price upside potential of 20.11%.

Is The Boeing Company (BA) The Best Military Technology Stock To Buy Right Now?

The company has been in the news this week after receiving multi-billion dollar orders from three Vietnamese airlines for a total of 90 aircraft, amid ongoing negotiations between the Southeast Asian country and the United States over a new trade deal.

The agreements were signed during the visit of the leader of Vietnam’s Communist Party to the United States for the Board of Peace meeting.

These included a $22.5 billion deal with Sun PhuQuoc Airways for 40 787-9 Dreamliner jets and an $8.1 billion order from Vietnam Airlines for 50 737-8 aircraft. Moreover, budget airline Vietjet agreed to a $965 million financing deal with Griffin Global Asset Management to purchase 6 737-8 aircraft.

In other news, The Boeing Company earlier this month secured a contract from the U.S. Air Force to provide a modernized flight deck for the C‑17A Globemaster III.

Under the terms of the agreement, the company will design, produce, and integrate a modernized flight deck for the aircraft, along with military certification. The C-17As will be equipped with modern, modular open systems architecture (MOSA), which will aid in ensuring smooth and affordable adoption of new capabilities.

The Boeing Company is a leading aerospace company that manufactures commercial airplanes, space systems, and defense equipment for customers in more than 150 countries.

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