Boeing Expands Defense Footprint Amid Record Jetliner Deliveries

Boeing (NYSE:BA) has expanded its defense footprint by signing new multi-year framework agreements to increase production of hardware used in a ship-launched interceptor missile program for national missile defense.

The company's commercial jetliner deliveries have reached their highest quarterly total in years, supporting a path toward positive free cash generation.

Boeing's dual exposure to both commercial aviation and national defense means its fortunes are tied to airline capital spending decisions and government procurement budgets.