1. DHS to acquire Boeing 737s for deportation at $140 million. 2. This purchasing decision may boost Boeing's sales and stock performance.
FAQ
Why Bullish?
Government contracts typically provide financial stability. Historical examples, such as the Defense Department contracts, have positively impacted Boeing's earnings.
How important is it?
The size of the contract signifies potential revenue increase, improving investor sentiment.
Why Short Term?
The immediate contract award will likely enhance revenue quickly, affecting Q2 results.