The Boeing Company (BA) is a global aerospace leader and one of the largest defense contractors in the U.S. Based in Arlington, Virginia, Boeing is famed for its top-tier jet aircraft like the 737, 747, 777, and 787 Dreamliner. Valued at $114.35 billion by market cap, Boeing offers both commercial aircraft and a diverse array of defense products. Its clients include domestic and international airlines, the U.S. Department of Defense, the Department of Homeland Security, NASA, aerospace prime contractors, and government and commercial communication entities.
Boeing has underperformed the broader market over the last year. The stock has declined 9.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 26.6%. In 2024 alone, the stock has lost 28.5%, compared to SPX's 11.3% gains on a YTD basis.
