The U.S. Department of Defense awarded Boeing a $2.7 billion contract to provide post‐production support services for the Army’s AH-64 Apache attack helicopter fleet. The award, announced by the Pentagon, covers integrated sustainment efforts including maintenance, repair, overhaul and supply chain management for more than 800 aircraft currently in service. Work will be performed at Boeing’s Mesa, Arizona, and Philadelphia facilities, and is scheduled to run through 2031, with approximately $600 million obligated immediately upon contract award. This deal underscores continued Pentagon investment in legacy rotorcraft platforms and secures nearly 1,200 jobs across Boeing support centers in the United States.

Dan Niles, founder and portfolio manager at Niles Investment Management, highlighted Boeing as one of his top equity selections for 2026 during a recent CNBC interview. Citing a robust order backlog exceeding $400 billion, secular demand drivers in commercial aviation recovery and defense modernization, and improving free cash flow—projected to exceed $5 billion next year—Niles argued that Boeing shares remain undervalued relative to peers. He noted the company delivered 776 commercial jets in 2025, a 20% increase year-over-year, and has finalized agreements with key lessors that should bolster recurring lease revenue.

In a separate Pentagon announcement, Boeing was awarded an $8.6 billion contract to produce 25 F-15IA fighter jets for the Israeli Air Force, with an option for 25 additional aircraft by 2035. The agreement, processed through the U.S. Foreign Military Sales program, obligated $840 million in initial funding at contract award. Production, testing and delivery work will be carried out at Boeing’s St. Louis facilities, supporting an estimated 2,500 direct and indirect jobs. Completion of aircraft deliveries is set for December 31, 2035, reinforcing Boeing’s leading position in high-performance tactical jet exports and long-term support services.