Boeing Secures $461M Chinook Order Amid Stock Slip
Boeing's defense division landed a $461 million contract for nine CH-47F Block II Chinook helicopters from the U.S. Army, yet shares dipped marginally in Wednesday trading. The dual-production deal underscores Boeing's alignment with military aviation modernization efforts.
While the aerospace giant strengthens its defense foothold, markets remain focused on broader commercial aviation challenges. The Chinook order highlights Boeing's strategic positioning in heavy-lift capabilities, with the aircraft serving critical troop transport and special operations roles.