Boeing (BA) has been having an extremely interesting year so far falling to lows, but also sharply recovering from those lows. That has everything to do with Boeing’s commercial airplanes business. However, Boeing’s business is so much more than just commercial airplanes and in the defense segment we are seeing very interesting developments as well. Geopolitical tension has not eased this year. We are seeing changes in the Middle East, but at the same time we are seeing continued Defense spending from countries in the region.
This month was no different with a big F-15 contract from the Middle East. In this analysis, I will have a look at the defense contracts awarded in November and place some necessary sidenotes on the F-15 contract.
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