Boeing Lands $8.6B F-15IA Fighter Jet Deal, $2.7B Apache Support Contract

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The Pentagon awarded Boeing a $2.7 billion Apache helicopter support contract and an $8.6 billion deal to build 25 F-15IA fighter jets with an option for 25 more, with $840 million obligated immediately under the U.S. Foreign Military Sales program. The F-15IA production at St. Louis will run through Dec. 31, 2035, enhancing Boeing’s defense backlog and military revenue visibility.

1. Boeing Awarded $2.7 Billion Apache Helicopter Support Contract

The U.S. Department of Defense has awarded Boeing a $2.7 billion, five-year contract to provide post-production support services for the Apache AH-64 attack helicopter fleet. Under the agreement, Boeing will supply maintenance, engineering upgrades, spare parts logistics and training for U.S. Army and allied Apache units. The work will be performed at Boeing’s Mesa, Arizona, facility and is expected to commence immediately, with the Pentagon obligating $540 million in initial funding at contract award.

2. $8.6 Billion F-15IA Fighter Jet Deal for Israeli Air Force

Boeing secured a nearly $8.6 billion Pentagon contract to produce 25 F-15IA fighter jets for the Israeli Air Force, with an option to build an additional 25 aircraft by 2035. The contract covers design, integration, instrumentation, testing, production and delivery, and was funded through the U.S. Foreign Military Sales program, which obligated roughly $840 million at award. All work will be executed at Boeing’s St. Louis facilities and is scheduled for completion by December 31, 2035.

3. Dan Niles Names Boeing a Top Pick for 2026

Hedge fund manager Dan Niles of Niles Investment Management highlighted Boeing as one of his premier equity selections for 2026 during a CNBC ‘Money Movers’ interview. He cited Boeing’s robust backlog—exceeding $300 billion—as well as secular growth drivers in defense and commercial aviation, and accelerating free cash flow generation, which Niles projects will surpass $8 billion next year. He noted recent contract wins and delivery volume recovery as key catalysts supporting continued share-price appreciation.

Sources

YIFR