The U.S. Department of Defense has awarded Boeing a $2.7 billion contract to provide post-production support services for its AH-64 Apache attack helicopter fleet. Under the agreement, Boeing will deliver sustainment logistics, parts provisioning and maintenance engineering over a six-year period. This award bolsters Boeing’s defense segment revenue visibility and adds to its fiscal 2026 backlog. The Apache program has more than 2,500 platforms in service worldwide, and this contract is expected to generate annual revenue of approximately $450 million through steady recurring service fees and spare‐parts sales.

Dan Niles, founder and portfolio manager at Niles Investment Management, identified Boeing as one of his top equity selections for 2026 during a recent television appearance. Citing a record commercial backlog valued at roughly $426 billion—enough to cover more than five years of current production rates—Niles highlighted the secular growth drivers of global air travel recovery and defense modernization programs. He also pointed to Boeing’s improving free cash flow, which swung positive by $2.0 billion in the third quarter of 2025, as evidence of operational resilience. Niles forecasts that steady margin expansion and strong order momentum will continue to underpin the company’s share performance into next year.