Stocks
Boeing Lands Massive Contract for Navy's MQ-25A Stingray Aircraft
Boeing has secured a significant contract from the U.S. Department of Defense for the production and delivery of MQ-25A Stingray aircraft to the Navy.
The $552 million contract modification will fund the production of three low-rate initial production Lot One aircraft, as well as long-lead components for an additional three Lot Two aircraft.
The project is scheduled for completion in July 2031 and will be primarily carried out in St. Louis, Missouri, with other locations including Torrance, California; Indianapolis, Indiana; Quebec, Canada; McKinney, Texas; and several others.