Boeing stock: BA shares rise Friday — what investors watch next after FAA and defense headlines
Boeing shares rose 1.5% to $242.96 Friday as the FAA proposed new inspections for older 737s after cracks were found in fuselage skin. The U.S. Air Force awarded Boeing a sole-source contract for GBU-57 bunker-buster bombs worth over $100 million. India approved a $40 billion military upgrade including Boeing P-8I aircraft. Boeing cited a 60% drop in Spirit AeroSystems defects since tightening inspections.