Boeing Delivers Critical Core Stage for NASA's Lunar Mission: Details
Portfolio Pulse from Lekha Gupta
Boeing has delivered the second core stage of the Space Launch System (SLS) rocket to NASA, marking a significant milestone for the Artemis II mission. This stage will be integrated with other components at NASA’s Kennedy Space Center in preparation for the 2025 launch. Boeing has also commenced certification flight testing for its 777-9 aircraft. Boeing's stock has lost over 12% in the last 12 months, and investors can gain exposure through IShares U.S. Aerospace & Defense ETF (ITA) and Invesco Aerospace & Defense ETF (PPA).
July 17, 2024 | 9:54 am
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Boeing has delivered the second core stage of the SLS rocket to NASA, a critical component for the Artemis II mission. Boeing has also started certification flight testing for its 777-9 aircraft. Despite these advancements, Boeing's stock has lost over 12% in the last 12 months.
The delivery of the SLS core stage and the commencement of 777-9 certification testing are positive developments for Boeing, potentially boosting investor confidence. However, the stock's recent performance and broader market conditions may temper immediate gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Investors can gain exposure to Boeing through the IShares U.S. Aerospace & Defense ETF, which includes Boeing among its holdings. Boeing's recent delivery of the SLS core stage and the start of 777-9 certification testing are positive developments.
The positive news regarding Boeing's SLS core stage delivery and 777-9 testing could benefit the IShares U.S. Aerospace & Defense ETF, which includes Boeing in its portfolio.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Investors can gain exposure to Boeing through the Invesco Aerospace & Defense ETF, which includes Boeing among its holdings. Boeing's recent delivery of the SLS core stage and the start of 777-9 certification testing are positive developments.
The positive news regarding Boeing's SLS core stage delivery and 777-9 testing could benefit the Invesco Aerospace & Defense ETF, which includes Boeing in its portfolio.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50