The Boeing Company (NYSE:BA) is among the 10 Best Military Drone Stocks to Buy Right Now. On Thursday, the company said that it was working alongside its unit Millennium Space Systems to increase space production capacity and launch a new satellite platform amid rising demand.
The effort aims to support government and commercial clients through quicker and more flexible mission delivery. The aerospace firm is aiming for 26 satellite deliveries this year, up from 11 in 2025.
The initiative includes a new satellite platform called Resolute, which will provide improved speed and flexibility compared to larger satellites and is built for missions that need more capabilities than a typical small satellite can offer, The Boeing Company (NYSE:BA) said in a press release.
Earlier on April 15, the company said that it had received a $324 million contract from the U.S. Army for 6 CH-47F Block II Chinook helicopters, raising the number of these helicopters under contract to 24.
In other news, Boeing remains on analysts’ radar and currently sports a Strong Buy rating, with an average upside potential of 26% as of the close on April 16.
The Boeing Company (NYSE:BA) is a leading aerospace company that manufactures commercial airplanes, space systems, and defense equipment for customers in more than 150 countries.
While we acknowledge the potential of BA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 7 Best Mid-Cap Defense Stocks to Invest In and 12 Best Aerospace Stocks to Buy Right Now.
Disclosure: None. Follow Insider Monkey on Google News.
