-0.87% to $186.05 from $187.68
What moved BA
- The U.S. Navy awarded Boeing a contract valued at more than $20 billion to design and build the F/A-XX, a sixth-generation carrier-based strike fighter intended to replace the F/A-18 Super Hornet and EA-18G Growler.
- Boeing beat Northrop Grumman for the award; Lockheed Martin had already been eliminated from the competition in 2025.
- The win gives Boeing its second sixth-generation fighter contract in about a year, after the Air Force picked it to build the F-47 in 2025.
- Boeing shares rose roughly 3% in premarket trading after the award was announced.
Sources: The Defense Post · Bloomberg
-6.91% to $184.39 from $198.07
What moved BA
- The FAA said it will delay certification of Boeing’s 737 MAX 10 over a newly flagged software issue in the jet’s flight-management computer.
- The issue centers on the vertical-navigation function and could disable automated landing guidance if pilots need to execute a go-around.
- The FAA declined to estimate how long the delay would last, holding up final approval of the largest member of Boeing’s best-selling narrowbody family.
- Boeing had flagged the software concern to regulators last month, and airline deliveries had been expected soon before the delay was announced.
Sources: CNBC · Bloomberg · AeroXplorer
-3.69% to $201.96 from $209.69
What moved BA
- Boeing and Korean Air finalized a record order for 103 aircraft worth $36.2 billion at list prices, including 777-9s, 787-10 Dreamliners, 737-10s and 777-8 freighters.
- Shares came under pressure after company disclosures pointed to certification delays and production instability, with 777X certification now expected to slip into 2027.
- Guggenheim Securities initiated coverage across 22 aerospace and defense companies, striking a cautious tone on commercial-aviation aftermarket suppliers amid weaker passenger demand and higher fuel costs.
Sources: Seoul Economic Daily · Investing.com
-3.20% to $215.10 from $222.20
What moved BA
- The US State Department approved a possible $4.5 billion Foreign Military Sale of KC-46A refueling tankers, spare engines, radar and related equipment to Qatar.
- Qatar sought as many as four refueling aircraft, with Boeing, Pratt & Whitney, RTX and Northrop Grumman as principal contractors on the potential deal.
- Boeing shares fell about 3%, among the Dow’s biggest decliners, as investors weighed the tanker deal against renewed scrutiny from a new documentary revisiting the company’s past safety issues.
Sources: Bloomberg · Breaking Defense · CNBC