by Jared Fruland
Boeing announced today at 6:18 P.M. that it has signed a contract with the U.S. Air Force for $2 Billion U.S. Dollars, in return for 10 new aircraft fighters. What makes this a shook, is not just the huge amount of money, but the switch of companies. Previous years the U.S. Air Force has always contracted McDonnell Douglas Corp. with all their aircraft needs. Shares of Boeing gained 14 cents to $89.70 in aftermarket trading, before dropping $1.14 to finish at $89.56 on the New York Stock Exchange. It will become very interesting watching the market react to this latest news. My guess is that Boeing is on the tarmac and is ready for liftoff.
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