BA stock up 2% After-Hours: Boeing Secures Major $20B Navy Contract for Next-Gen Fighter Jet
Boeing Co.(BA) on Tuesday bagged a military defense contract valued at more than $20 billion, beating rival defense contractor Northrop Grumman (NOC) to build the U.S. Navy’s next-generation carrier-based fighter jet.The Defense Department announced the award Tuesday for the classified F/A-XX progr…