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Benzinga
Benzinga
Business
Evette Mitkov

What's Going On With Boeing Stock Today?

Boeing British Airways Boeing Company ARMY Artificial Intelligence United Airlines
Restricting Air Traffic

The Boeing Company (NYSE:BA) shares are slightly higher on Friday as investors monitor developments in the defense contracting sector, including increased government spending on unmanned systems and artificial intelligence.

What Happened: The U.S. government has allocated $33 billion in direct spending on drones and AI for the Department of Defense, with $13.5 billion designated for unmanned systems and $16 billion for government-wide AI initiatives.

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