Boeing Plays Defense: Why the New Patriot Deal Matters for BA Stock – R Blog – RoboForex
Boeing signed a seven-year framework agreement with Lockheed Martin and the Pentagon to expand production of PAC-3 MSE Patriot interceptor seekers — the guidance systems that are critical for defeating ballistic and hypersonic threats. Against the backdrop of escalating tensions in the Middle East, demand for missile defense systems is growing, securing a long-term revenue…