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Lockheed’s Setback: Stock Downgrade After Boeing Wins F-47 Fighter Jet Contract - Barron's

1. Boeing wins Air Force's F-47 contract, boosting shares by 3.1%. 2. Analyst estimates earnings boost of $0.25 per share from the contract. 3. Lockheed shares fell 5.8%, losing about $6 billion in market value. 4. Boeing's long-term success hinges on ramping up commercial aircraft production. 5. Major analyst upgrade for Boeing, with a target price of $220.

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FAQ

Why Bullish?

Boeing's win against Lockheed enhances its defense positioning and revenue potential. Historical context shows that contract wins can lead to price increases.

How important is it?

The announcement directly enhances Boeing's market position, influencing investor confidence and future earnings outlook.

Why Long Term?

Boeing will benefit as production ramps up, ensuring sustained revenue increments. Long-term contracts in defense usually offer stability against market fluctuations.

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