Why Boeing's New $2.56 Billion Air Force Contract Could Change Its Defense Game

Boeing's future in the defense sector takes an exciting turn with a new $2.56 billion contract from the U.S. Air Force to develop prototype E-7A Wedgetail aircraft for advanced airborne warning and control. This blog explores the significance of the contract, the challenges of rapid prototyping, and the potential $91 billion opportunity if full production reaches global demand. With plans to replace the aging E-3 Sentry fleet and a chance to produce up to 70 units over the next decade, Boeing’s defense unit might see renewed growth. This development raises the question: should Boeing rethink selling its defense division?