<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The Boeing Company BA recently signed a $ 400 million contract to provide recurrent and non-recurring engineering services to B-1 and B-52 aircraft. The contract was awarded by the Life Cycle Management of the Air Force, Tinker Air Base, Oklahoma City, OK.

Work related to the transaction will be performed at Tinker Air Force Base, OK, at Edwards Air Force Base, California, at Barksdale Air Base, Louisiana, and Oklahoma City, OK. , and should be completed by December 31, 2019.

Benefits of Boeing B-1 & B-52 Bomber

The Boeing B-1 is a conventional, long-range, multi-mission supersonic bomber equipped to carry eight cruise missiles or 24 SRAMs, as well as 24 nuclear bombs or 84 conventional 500-pound bombs.

The Boeing B-52 primarily provides the US military with immediate and immediate nuclear strike capability. Because of its high mission capacity, large payload, long range, persistence and ability to use both nuclear and conventional precision weapons, the B-52 continues to provide a vital contribution to the US national security strategy.

What favors Boeing?

Since Boeing's main asset lies in the manufacture of combat-proven aircraft, the company has inevitably obtained a large number of Pentagon contracts for a long time. The recent contract victory is another example. In addition, Boeing's various aerospace programs, along with its broad portfolio of associated services, have recently experienced a rapid increase in demand due to geopolitical uncertainties that threaten the world. This growing demand bodes well for the future growth of the company.

In addition, mid-way through last year, the US Senate approved the provisioning of the defense budget for the year 2019 for major investments in the fight against war, worth $ 21.7 billion. dollars for aircraft. These proposed inclusions reflect strong growth prospects for Boeing's Defense, Space and Security segment ("BDS"), which in turn is expected to increase profit margin.

This will inevitably lead to increased demand for the various technical services of the company, which are essential for the modernization of military aircraft. In addition, these proposed inclusions reflect strong growth prospects for the business services segment.

Price performance

Boeing's shares grew by approximately 8.6% in one year, compared to 7.7% for the industry. This outperformance is mainly due to the company's significant demand for military aircraft around the world and the robust long-term demand for its commercial aircraft. "Data-reactid =" 11 ">The Boeing Company BA recently signed a $ 400 million contract to provide recurrent and non-recurring engineering services to B-1 and B-52 aircraft. The contract was awarded by the Life Cycle Management of the Air Force, Tinker Air Base, Oklahoma City, OK.

Work related to the transaction will be performed at Tinker Air Force Base, OK, at Edwards Air Force Base, California, at Barksdale Air Base, Louisiana, and Oklahoma City, OK. , and should be completed by December 31, 2019.

Benefits of Boeing B-1 & B-52 Bomber

The Boeing B-1 is a conventional, long-range, multi-mission supersonic bomber equipped to carry eight cruise missiles or 24 SRAMs, as well as 24 nuclear bombs or 84 conventional 500-pound bombs.

The Boeing B-52 primarily provides the US military with immediate and immediate nuclear strike capability. Because of its high mission capacity, large payload, long range, persistence and ability to use both nuclear and conventional precision weapons, the B-52 continues to provide a vital contribution to the US national security strategy.

What favors Boeing?

Since Boeing's main asset lies in the manufacture of combat-proven aircraft, the company has inevitably obtained a large number of Pentagon contracts for a long time. The recent contract victory is another example. In addition, Boeing's various aerospace programs, along with its broad portfolio of associated services, have recently experienced a rapid increase in demand due to geopolitical uncertainties that threaten the world. This growing demand bodes well for the future growth of the company.

In addition, mid-way through last year, the US Senate approved the provisioning of the defense budget for the year 2019 for major investments in the fight against war, worth $ 21.7 billion. dollars for aircraft. These proposed inclusions reflect strong growth prospects for Boeing's Defense, Space and Security segment ("BDS"), which in turn is expected to increase profit margin.

This will inevitably lead to increased demand for the various technical services of the company, which are essential for the modernization of military aircraft. In addition, these proposed inclusions reflect strong growth prospects for the business services segment.

Price performance

Boeing's shares grew by approximately 8.6% in one year, compared to 7.7% for the industry. This outperformance is mainly due to the company's significant demand for military aircraft around the world and the strong long-term demand for its commercial aircraft.

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Zacks Rank and other actions to consider

Boeing is currently wearing a Zacks Rank # 1 (Strong Purchase).

AeroVironment, Inc., AVAV, Teledyne Technologies Incorporated TDY and Lockheed Martin Corporation LMT are some of the top ranked companies in the same industry.

While AeroVironment and Teledyne Technologies rank first in Zacks, Lockheed Martin is the second largest Zack (buy). You can see the full list of Tier 1 stocks from today's Zacks here.

AeroVironment has had an average positive earnings surprise of 257.01% in the last four quarters. The Zacks consensus estimates for 2019 have risen 33.3% to US $ 1.48 in the last 90 days.

Teledyne Technologies has announced an average positive earnings surprise of 12.92% over the past four quarters. The Zacks consensus estimates for 2019 have risen 5.26% to $ 9.00 in the last 90 days.

Lockheed Martin had an average positive earnings surprise of 13.92% in the last four quarters. The Zacks Consensus estimates for 2019 have risen 2.74% to $ 19.49 over the last 90 days.

The hottest tech mega trend of all

Last year, it generated global revenues of $ 8 billion. By 2020, it is expected to climb to $ 47 billion. Well-known investor Mark Cuban said it would produce "the world's first trillionaires", but that should still leave a lot of money for regular investors who quickly make the right deals.

Check out the 3 best Zacks actions to follow this trend >> "data-reactid =" 19 ">
Zacks Rank and other actions to consider

Boeing is currently wearing a Zacks Rank # 1 (Strong Purchase).

AeroVironment, Inc., AVAV, Teledyne Technologies Incorporated TDY and Lockheed Martin Corporation LMT are some of the top ranked companies in the same industry.

While AeroVironment and Teledyne Technologies rank first in Zacks, Lockheed Martin is the second largest Zack (buy). You can see the full list of Tier 1 stocks from today's Zacks here.

AeroVironment has had an average positive earnings surprise of 257.01% in the last four quarters. The Zacks consensus estimates for 2019 have risen 33.3% to US $ 1.48 in the last 90 days.

Teledyne Technologies has announced an average positive earnings surprise of 12.92% over the past four quarters. The Zacks consensus estimates for 2019 have risen 5.26% to $ 9.00 in the last 90 days.

Lockheed Martin had an average positive earnings surprise of 13.92% in the last four quarters. The Zacks Consensus estimates for 2019 have risen 2.74% to $ 19.49 over the last 90 days.

The hottest tech mega trend of all

Last year, it generated global revenues of $ 8 billion. By 2020, it is expected to climb to $ 47 billion. Well-known investor Mark Cuban said it would produce "the world's first trillionaires", but that should still leave a lot of money for regular investors who quickly make the right deals.

See the 3 best Zacks actions to play this trend >>

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Do you want to know the latest Zacks Investment Research recommendations? Today, you can download 7 best actions for the next 30 days. Click to get this free report

The Boeing Company (BA): Free Stock Analysis Report

Lockheed Martin Corporation (LMT): Free Stock Analysis Report

AeroVironment, Inc. (AVAV): Report of Analysis of Free Shares

To read this article on Zacks.com, click here.

Zacks Investment Research"data-reactid =" 20 ">
Do you want to know the latest Zacks Investment Research recommendations? Today, you can download 7 best actions for the next 30 days. Click to get this free report

The Boeing Company (BA): Free Stock Analysis Report

Lockheed Martin Corporation (LMT): Free Stock Analysis Report

AeroVironment, Inc. (AVAV): Report of Analysis of Free Shares

To read this article on Zacks.com, click here.

Zacks Investment Research