Boeing Lands $262M MH-139A Grey Wolf Order, Secures 30 737 MAX Jets
Boeing won a second production contract for four additional MH-139A Grey Wolf helicopters, increasing total award value to more than $262 million and 38 helicopters under contract. It also secured orders for 30 fuel-efficient 737 MAX jets from Air India, raising its order book to nearly 200 aircraft.
1. U.S. Air Force Awards Second MH-139A Production Contract
Boeing secured a follow-on order to build four additional MH-139A Grey Wolf helicopters and provide sustainment support for the U.S. Air Force. Combined with a $173 million award for eight helicopters in September, the total contract value now exceeds $262 million. To date, 38 MH-139A aircraft are under contract, and the Air Force has received 21 Grey Wolves, including 12 delivered under last year’s low-rate initial production agreement. This contract underscores Boeing’s growing role in USAF rotary-wing modernization efforts and adds to a steady production ramp.
2. Air India Expands Single-Aisle Fleet with 30 New 737 MAX Jets
In a deal signed at the Wings Airshow in Hyderabad, Boeing and Air India finalized the purchase of 30 additional 737 MAX aircraft, bringing the airline’s backlog to nearly 200 Boeing planes across its single-aisle and widebody families. The incremental order comprises 20 737-8s placed this month and 10 previously unreported 737-10s. Air India plans to deploy the 737-8s on high-frequency domestic and regional routes, leveraging their fuel efficiency and dispatch reliability, while the larger 737-10s will support higher-capacity missions at a lower cost per seat.
3. Q4 Results Highlight Revenue Beat and Operational Progress
Boeing reported fourth-quarter revenue of $23.948 billion, surpassing analyst consensus of $22.470 billion, while posting an adjusted loss of $1.91 per share versus an expected loss of $0.39. The company delivered 160 commercial airplanes in the quarter, its highest quarterly delivery count since 2018, reflecting improvements in production throughput and supply-chain stability. Despite the earnings beat, the stock traded down 2.09% on Thursday, as investors weighed ongoing margin pressures and cash-flow challenges.