Boeing Co. (BA)

$ 149.31
   
  • Change Today:
    $-4.98
  • 52 Week High: $264.27
  • 52 Week Low: $146.62
  • Currency: US Dollars
  • Shares Issued: 1,012.26m
  • Volume: 29,388,204
  • Market Cap: $151,141m
  • RiskGrade: 190

MoD inks £460m logistics system deal with Boeing

By Josh White

Date: Wednesday 05 Jan 2022

LONDON (ShareCast) - (Sharecast News) - The Ministry of Defence announced a new five-year £460m logistics contract with Boeing on Wednesday, which it said would deliver £54m in efficiency savings and sustain 675 jobs across the Armed Forces supply chain.
It said the contract with Boeing Defence UK would see all single services having access to a central, "technology-enabled" system to support inventory services, covering everything from washers and bolts to replacement parts for nuclear missiles.

Around 300 jobs would be sustained at Boeing's sites in Milton Keynes and Bristol, as well 375 roles in the wider UK supply chain including at IBM, Fujitsu, Sopra Steria and BAE Systems.

The MoD also said the deal would enable the management of current and future equipment through ongoing access to software applications that would be maintained and updated in line with the "changing needs" of defence.

"This contract helps ensure our Armed Forces can rapidly deploy personnel and equipment on operations at home and abroad whenever required, maintaining their reputation as one of the finest fighting forces in the world," said the Minister for Defence Procurement, Jeremy Quin.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Boeing Market Data

Currency US Dollars
Share Price $ 149.31
Change Today $ -4.98
% Change -3.23 %
52 Week High $264.27
52 Week Low $146.62
Volume 29,388,204
Shares Issued 1,012.26m
Market Cap $151,141m
RiskGrade 190

What The Brokers Say

Strong Buy 10
Buy 7
Neutral 10
Sell 0
Strong Sell 1
Total 28
buy
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Trades for 31-Oct-2024

Time Volume / Share Price
15:59 159 @ $149.38
15:59 100 @ $149.37
15:59 100 @ $149.37
15:59 100 @ $149.37
15:59 100 @ $149.37

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