Boeing has been awarded an $8.6 billion contract to supply the Israeli Air Force with 25 F-15IA aircraft under the Foreign Military Sales program. The agreement encompasses airframe production, mission systems integration and a comprehensive logistics support package. Deliveries are scheduled to begin in late 2027, with full operational capability expected by 2030. This win marks one of the largest single-platform contracts in Boeing’s defense portfolio this year.

In addition to its fixed-wing business, Boeing secured a $2.73 billion firm-fixed-price contract to provide post-production support services for the U.S. Army’s AH-64 Apache helicopter fleet. The work scope includes depot maintenance, component overhaul, software updates and technical training. Performance under the five-year award will contribute steady revenue visibility for Boeing Global Services through the end of 2030.

These awards follow a broader uptick in U.S. Department of Defense procurement, which expanded an existing sensor systems contract with Lockheed Martin from $15 billion to $25 billion. Boeing also won a $2 billion contract for B-52 commercial engine replacement and smaller awards across unmanned systems. Total U.S. defense outlays rose by 7.2% in fiscal 2025, providing a supportive backdrop for prime contractors’ order books.

While Boeing’s defense segment benefits from multi-year contracts, the company’s narrow profit margins on large military platforms have led some investors to favor diversified defense exchange-traded funds. Sector-level vehicles such as ITA offer exposure to higher-margin aerospace services and smaller systems integrators. Analysts note that investors seeking balanced risk may prefer ETFs that allocate across rotorcraft support, missile systems and satellite communications, rather than a single large prime contractor stock.