Boeing Wins a Contract to Aid C-40A Aircraft for the U.S. Navy & Marine

Zacks12-09

The Boeing Company BA recently secured a $86.2 million contract to support the C-40A aircraft program for the U.S. Navy and Marine Corps. The contract was awarded by the Naval Air Systems Command, ...

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The contract was awarded by the Naval Air Systems Command, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/boeing-wins-contract-aid-c-143800318.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 Contract to Aid C-40A Aircraft for the U.S. Navy & Marine</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 Contract to Aid C-40A Aircraft for the U.S. Navy & Marine\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-09 22:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/boeing-wins-contract-aid-c-143800318.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Boeing Company BA recently secured a $86.2 million contract to support the C-40A aircraft program for the U.S. Navy and Marine Corps. The contract was awarded by the Naval Air Systems Command, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/boeing-wins-contract-aid-c-143800318.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":"BK4516","symbol_name":"特朗普概念","start_time":0,"source_url":"https://finance.yahoo.com/news/boeing-wins-contract-aid-c-143800318.html","article_id":"2490772786","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/JAlNiLLTM0JhvJM6qU3Mjw--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/0f71f7d46b723bf612b871cd753b1222"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2490772786","pubTimestamp":1733755080,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"The Boeing Company BA recently secured a $86.2 million contract to support the C-40A aircraft program for the U.S. Navy and Marine Corps. The contract was awarded by the Naval Air Systems Command, Patuxent River, MD.Per the terms of the deal, Boeing will provide sustainment engineering support for the C-40A aircraft. This includes rapid engineering support, technical services, engineering data, technical publications, technical data, engineering change proposals and material, accident investigations, training and field services.The work related to this deal will be carried out in Tukwila, WA. The contract is expected to be completed by November 2031.With global defense spending rising amid growing hostilities across the world, investment in advanced defense products, including military transport aircraft, has also been increasing. These aircraft serve a nation in military operations as well as other crucial missions such as troop transportation as well as in humanitarian missions and d","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4516":"特朗普概念","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4187":"航天航空与国防","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","EADSY":"空中客车集团","LU0823046494.USD":"AMUNDI FUNDS LATIN AMERICA EQUITY \"A2\" (USD) ACC","LU0823046577.USD":"AMUNDI FUNDS LATIN AMERICA EQUITY \"A2\" (USD) INC","BK4588":"碎股","BA":"波音","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4551":"寇图资本持仓","BK4564":"太空概念","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)","LMT":"洛克希德马丁","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","ERJ":"巴西航空工业","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC"},"translate_title":"波音公司赢得为美国海军和海军陆战队援助C-40A飞机的合同","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EADSY":1,"ERJ":1,"LMT":1,"BA":1},"content_text":"The Boeing Company BA recently secured a $86.2 million contract to support the C-40A aircraft program for the U.S. Navy and Marine Corps. The contract was awarded by the Naval Air Systems Command, Patuxent River, MD.\nDetails of BA’s Deal\nPer the terms of the deal, Boeing will provide sustainment engineering support for the C-40A aircraft. This includes rapid engineering support, technical services, engineering data, technical publications, technical data, engineering change proposals and material, accident investigations, training and field services.The work related to this deal will be carried out in Tukwila, WA. The contract is expected to be completed by November 2031.\nWhat’s Favoring BA?\nWith global defense spending rising amid growing hostilities across the world, investment in advanced defense products, including military transport aircraft, has also been increasing. These aircraft serve a nation in military operations as well as other crucial missions such as troop transportation as well as in humanitarian missions and disaster relief operations.\nWith Boeing being a prominent manufacturer of renowned, combat-proven aircraft across the globe, jets from its product portfolio enjoy solid demand when it comes to the transportation of military troops or other first responders in varied operations. The latest contract win is an example of that.Notably, Boeing's C-40A is a flexible FAA-certified 737-700 convertible aircraft designed for both passenger and cargo transport worldwide. It can be configured to carry passengers, cargo or a mix of both, making it highly adaptable for different missions. It is part of Boeing's C-40 series, which includes the C-40B and C-40C.\nGrowth Opportunities for BA\nIncreasing warfare situations across the globe have been boosting the usage of military transport aviation for airlifting troops, medical evacuation, firefighting and rescue missions in harsh environments. The use of such aircraft to transport refugees and immigrants as a result of regional military conflicts has also been boosting the need for high-capacity transport jets. This must have prompted IMARC to project that the global military transport aircraft market will witness a CAGR of 2.5% during the 2024-2032 period. Such growth opportunities offered by the military transport aircraft market are likely to benefit America’s largest jet maker. Apart from C-40A, the company’s product portfolio includes the C-17 Globemaster III, which 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.\nBA’s Peer Prospects\nOther defense companies that are likely to benefit from the expanding global military transport aircraft market are discussed below.Lockheed 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.The company has a long-term (three to five years) earnings growth rate of 4.5%.  The Zacks Consensus Estimate for LMT’s 2024 sales indicates year-over-year growth of 5.5%.Embraer 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.The company boasts a trailing four-quarter average earnings surprise of 127.28%.  The consensus estimate for ERJ’s 2024 sales indicates year-over-year growth of 18.6%.Airbus Group EADSY: Its C295 is a robust, reliable and highly versatile tactical transport aircraft 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. Currently, more than 200 C295 jets are in operation globally.The company has a long-term earnings growth rate of 9.2%. The Zacks Consensus Estimate for EADSY’s 2024 sales indicates year-over-year growth of 5.1%.\nBA Stock’s Price Movement\nShares of BA have gained 0.5% in the past month against the industry’s 5.7% decline.\nImage Source: Zacks Investment Research\nBA’s Zacks Rank\nBoeing currently carries a Zacks Rank #5 (Strong Sell).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":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"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":"4.29.3","shortVersion":"4.29.3","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/2490772786"}