Boeing Wins $2.8B Space Force Contract for Next-Gen Nuclear Comms Satellites
The initial contract covers the development and production of two satellites, with options for two additional satellites in the future. The overall ESS Space Segment acquisition is projected to reach $12 billion, with future procurements potentially transitioning to fixed-price contracts.
A commercial jetliner parked at an airport, reflecting the companies success in aviation.
The ESS space vehicles are designed to provide increased capacity, flexibility, reliability, and resilience compared to the strategic communications satellites currently in orbit. They will be equipped with flexible and resilient signals to protect against interruption or interception. The program modernizes the NC3 capability currently provided by the Advanced Extremely High Frequency/AEHF system.
The Boeing Company (NYSE:BA) designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems, and services worldwide.
While we acknowledge the potential of BA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the .
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Disclosure: None. This article is originally published at Insider Monkey.
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