Boeing Lands Massive Defense Contract and Attracts New Investor

Caisse de depot et placement du Quebec has made a significant investment in Boeing, purchasing 343,938 shares valued at approximately $74.45 million during the second quarter.

This is not an isolated instance, as other institutional investors and hedge funds have also increased their stakes in Boeing.

The company's defense business received a major boost with a sole-source F-15 sustainment contract worth up to $131.23 billion through 2037.