NEW YORK, December 30, 2025, 08:03 ET
- Boeing won an $8.6 billion Pentagon contract tied to the F-15 Israel Program, with an option for more aircraft.
- Two investment advisers reported sharply higher Boeing positions in third-quarter holdings disclosures.
- The moves land as Boeing leans on defense work while competing with Airbus for commercial jet orders.
Boeing was awarded an $8.6 billion contract for the F-15 Israel Program, the Pentagon said on Monday, covering the design and delivery of 25 new F-15IA aircraft for the Israeli Air Force, with an option for an additional 25. Contract work will be performed in St. Louis and is expected to be completed by Dec. 31, 2035, Reuters reported. 1
The award highlights how big defense programs can provide long-dated revenue for the planemaker as investors watch for steadier execution after years of disruption across Boeing’s broader business.
It also comes as the commercial aircraft market remains intensely competitive. Two Chinese airlines said on Monday they plan to buy 55 Airbus A320-family jets worth up to $8.2 billion, according to stock exchange filings, a reminder of the order race Boeing faces with Airbus. 2
Separate U.S. securities disclosures, meanwhile, show some money managers increased exposure to Boeing in the third quarter, a snapshot that traders often use to gauge institutional sentiment.
Oak Harvest Investment Services raised its Boeing stake by 43.8% in the third quarter, buying 6,102 shares to hold 20,023 shares valued at about $4.32 million, according to its most recent Form 13F filing with the U.S. Securities and Exchange Commission. 3
Cadinha & Co. LLC boosted its Boeing position by 718.3% in the third quarter to 73,697 shares after purchasing an additional 64,691 shares, a filing summary showed. Boeing represented 2.2% of Cadinha’s reported holdings and was its 21st-largest position, the summary said. 4
Form 13F filings are quarterly disclosures required of large money managers. They show equity positions at the end of a reporting period but do not explain when trades were made or whether holdings changed after the quarter ended.
The Cadinha filing summary also listed some of Boeing’s biggest institutional holders, including Vanguard Group and Geode Capital Management, among others. Institutional investors and hedge funds own about 64.82% of Boeing’s stock, it said. 4
Boeing’s defense business spans fighters and military aircraft programs, while its commercial unit builds jetliners for airlines worldwide. In fighter aircraft, Boeing competes with major U.S. defense primes, while Airbus is its principal rival in commercial jets.
The Pentagon said the F-15 award involves foreign military sales to Israel. Such deals are typically structured through U.S. government contracting, with long timelines that can stretch across multiple budget cycles. 1
