If Boeing Drops the Ball on the F-47, This Giant Defense Stock Should Take the Contract

It's been less than a month now since Boeing's (NYSE: BA) big news: On March 31, President Donald Trump announced that Boeing has won a $20 billion contract (that's the expected minimum value) to build the U.S. Air Force's first-ever sixth-generation stealth fighter to be known as the F-47.In the weeks that have followed this announcement, which drove Boeing stock as high as $182 a share, the stock price has slumped considerably. Granted, most of the damage was probably done by the stock market's tariffs tantrum of early April. But still, when you consider that the F-47 contract will be worth billions of dollars to Boeing over the next few years, and could grow in value into the hundreds of billions of dollars over time, that fact that Boeing stock is now trading more than 10% below what it cost before the F-47 news broke... well, it's kind of a puzzler.Why aren't investors giving Boeing more credit for its big defense contract win?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool