Boeing Wins a $1.7B Contract to Aid C-17 Globemaster III Transport Jet

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The Boeing Company BA recently clinched a modification contract for providing sustainment services to C-17 Globemaster III transport aircraft. The award has been provided by the Air Force Lifecycle ...

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The award has been provided by the Air Force Lifecycle ...</p>\n\n<a href=\"https://finance.yahoo.com/news/boeing-wins-1-7b-contract-141700542.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing Wins a $1.7B Contract to Aid C-17 Globemaster III Transport Jet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBoeing Wins a $1.7B Contract to Aid C-17 Globemaster III Transport Jet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-01 22:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/boeing-wins-1-7b-contract-141700542.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Boeing Company BA recently clinched a modification contract for providing sustainment services to C-17 Globemaster III transport aircraft. The award has been provided by the Air Force Lifecycle ...</p>\n\n<a href=\"https://finance.yahoo.com/news/boeing-wins-1-7b-contract-141700542.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://finance.yahoo.com/news/boeing-wins-1-7b-contract-141700542.html","article_id":"2472309603","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/trdyBj57Q_nQO0iQu8gTbw--~B/aD01ODc7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/eb91dd38215d2ebcc27e91d2c63b0c98"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472309603","pubTimestamp":1727792220,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The Boeing Company BA recently clinched a modification contract for providing sustainment services to C-17 Globemaster III transport aircraft. The award has been provided by the Air Force Lifecycle Management Center, Robins Air Force Base, GA.Valued at $1.68 billion, the contract is projected to be completed by Oct. 31, 2027. Work related to this deal will be carried out in various locations across the United States and worldwide.Such growth opportunities offered by the military transport aircraft market should benefit America’s largest jet maker, Boeing. Notably, apart from C-17, the company’s product portfolio includes the CH-47 Chinook helicopter, which is an advanced, multi-mission, tandem rotor helicopter, proven in cargo and troop transport, search and rescue, casualty evacuation, special operations, humanitarian an","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","III":"信息服务","EADSY":"空中客车集团","BK4134":"信息科技咨询与其它服务","BK4551":"寇图资本持仓","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","BA":"波音","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LMT":"洛克希德马丁","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","ERJ":"巴西航空工业","BK4516":"特朗普概念","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4564":"太空概念","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","BK4187":"航天航空与国防","BK4585":"ETF&股票定投概念","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LU0823046494.USD":"AMUNDI FUNDS LATIN AMERICA EQUITY \"A2\" (USD) ACC","LU0823046577.USD":"AMUNDI FUNDS LATIN AMERICA EQUITY \"A2\" (USD) INC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H"},"translate_title":"波音公司赢得价值1.7 B美元的合同，为C-17 Globemaster III运输机提供援助","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BA":1,"EADSY":1,"ERJ":1,"III":1,"LMT":1},"content_text":"The Boeing Company BA recently clinched a modification contract for providing sustainment services to C-17 Globemaster III transport aircraft. The award has been provided by the Air Force Lifecycle Management Center, Robins Air Force Base, GA.\nDetails of the Deal\nValued at $1.68 billion, the contract is projected to be completed by Oct. 31, 2027. Work related to this deal will be carried out in various locations across the United States and worldwide. \nThis contract includes Foreign Military Sales to Australia, Canada, India, Kuwait, NATO Airlift Management Program, Qatar, United Arab Emirates and the United Kingdom.\nWhat’s Favoring the BA Stock?\nIncreasing defense budgets worldwide and increasing military troop deployment, driven by rising geopolitical tensions as well as rising use of military transport aircraft in humanitarian missions and disaster relief operations, have been fueling the demand for transport jets like C-17 Globemaster III. The rising complexity of global military operations, combined with the need for interoperability among allied forces, has further increased the demand for advanced military transport aircraft, which can be integrated seamlessly into joint operations.\nWith Boeing being a prominent manufacturer of renowned, combat-proven aircraft across the globe, jets from its product portfolio enjoy a solid demand when it comes to the transportation of military troops or other first responders in other operations. The latest contract win bears a bright example of that.\nNotably, BA’s C-17 Globemaster III boasts the ability to carry large equipment, supplies and troops directly to small airfields in harsh terrain anywhere in the world. It serves as the primary strategic lift aircraft for the U.S Air Force for global transport of troops and equipment.\nThe solid demand that this particular jet of Boeing enjoys across the globe can be gauged from the fact that 275 C-17 aircraft are currently being operated worldwide.\nGrowth Opportunities for BA Stock\nIncreasing warfare situations across the globe, resulting in growing troop deployment, increased the usage of military transport aviation for airlifting troops, medical evacuation, firefighting and rescue missions in harsh environments. These have also escalated the use of aircraft to transport refugees and immigrants as a result of regional military conflicts have been boosting the need for high-capacity transport jets. \nThis must have prompted the Morder Intelligence firm to project that the global military transport aircraft market will witness a CAGR of more than 7.1% during 2024-2029. \nSuch growth opportunities offered by the military transport aircraft market should benefit America’s largest jet maker, Boeing. Notably, apart from C-17, the company’s product portfolio includes the CH-47 Chinook helicopter, which is an advanced, multi-mission, tandem rotor helicopter, proven in cargo and troop transport, search and rescue, casualty evacuation, special operations, humanitarian and disaster relief. With more than 950 Chinooks in 20 countries, the program continues to deliver unrivaled production, maintenance and sustainment cost efficiencies.\nBA Stock’s Peer Prospects\nOther aerospace companies that have strong presence in the military transport aircraft market and are thus expected to benefit from this market’s abovementioned growth opportunities have been discussed below:\nLockheed Martin Corp. LMT: Its C-5 Galaxy is the U.S. Air Force’s largest and only strategic airlifter. It can carry more cargo to greater distances than any other aircraft. With a payload of six Mine Resistant Ambush Protected vehicles or up to five helicopters, the C-5 can haul twice as much cargo as any other airlifter.\nThe company has a long-term earnings growth rate of 4.7%.  The Zacks Consensus Estimate for LMT’s 2024 sales indicates year-over-year growth of 5.3%.\nEmbraer S.A. ERJ: Its C-390 Millenium is a new-generation military multi-mission transport aircraft with unrivaled mobility and operational flexibility in a single platform. This aircraft provides air forces with optimal fleet performance generated by a cost-effective combination of high availability and productivity.\nThe company boasts a trailing four-quarter average earnings surprise of 52.28%.  The Zacks Consensus Estimate for ERJ’s 2024 sales indicates year-over-year growth of 19.1%.\nAirbus Group EADSY: Its C295 is a robust, reliable and highly versatile tactical transport that is tailored for missions that range from carrying troops and cargo, maritime patrol, airborne warning, surveillance and reconnaissance to signals intelligence, armed close air support, medical evacuation, VIP transport and airborne firefighting. It is capable of carrying up to 9 tons of payload or as many as 71 troops at a maximum cruise speed of 260 kts. Currently, more than 200 C295 jets are in operation globally. \nThe company has a long-term earnings growth rate of 11.4%.  The Zacks Consensus Estimate for EADSY’s 2024 sales indicates year-over-year growth of 5.4%.\nBA Stock’s Price Movement\nIn the past year, shares of Boeing have lost 19.1% against the industry’s growth of 14.4%.\nImage Source: Zacks Investment Research\nZacks Rank\nBoeing currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nThe Boeing Company (BA) : Free Stock Analysis Report\nLockheed Martin Corporation (LMT) : Free Stock Analysis Report\nEmbraer-Empresa Brasileira de Aeronautica (ERJ) : Free Stock Analysis Report\nAirbus Group (EADSY) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"Company Corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.28.3","shortVersion":"4.28.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2472309603"}