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3 pts

Opinion on  The Boeing Company (BA)     Sector: Capital Goods  >  Industry: Aerospace & Defense
One More Round for US Tanker's Deal !

Jul 10, 2008 10:36 PM UTC
Tigre_bengale
Return Risk
-15.46% LOW
Sr. Analyst

The Pentagon announced on Wednesday that it would reopen bidding on a $35 billion contract for midair refueling tankers, the companie has battled fiercely to land the Air Force ’s largest contract, with a potential value of $100 billion. The contract, in its first phase alone, would provide for 179 aerial refueling tankers to replace the Air Force’s aging fleet, which is being strained by wars in Iraq and Afghanistan and has planes that date to the Eisenhower era.

For the moment i think that the market would react positivly to that news but it's too difficult (for long terme) to re-open the bid as it is too early ti predict the final result between the companies fighting for it.


BA:  This call was made on 07/10/08 @ $65.35
Rating:   Positive   $65.35 (07/10/08)
Closed:   07/10/2008 @ $65.35 (+0.00% in 1 minute)
Target:   $66.00 (+0.99%) in < two weeks
Allocation:   2.5% of portfolio


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