Wall Street closes at a record for the first time since end of January
ARLINGTON, Va. - Boeing Company (NYSE:BA) delivered 143 commercial aircraft and 130 defense units in the first quarter of 2026, according to a press release statement issued today. The aerospace giant, with a market capitalization of $176 billion, currently trades above its InvestingPro Fair Value, placing it among overvalued stocks in the sector.
The commercial airplane deliveries included 114 units of the 737 model, six 767s, eight 777s, and 15 787s. The 737 accounted for the majority of commercial deliveries during the quarter.
Defense, Space & Security deliveries comprised 15 remanufactured AH-64 Apache helicopters and two new units. The company delivered one new CH-47 Chinook and one renewed unit. Fighter jet deliveries included one F-15 and two F/A-18 models.
Boeing delivered four KC-46 Tanker aircraft, two MH-139 helicopters, and one P-8 aircraft. The defense segment also included one commercial and civil satellite delivery.
The delivery figures represent new-build production units, including remanufactures and modifications. Boeing noted that delivery information is not considered final until quarterly financial results are issued.
The company provided no comparative data for the same period in 2025 or guidance for future quarters in the announcement. Boeing reports earnings on April 22, just eight days away.
In other recent news, Boeing has secured a $900 million contract from the U.S. Department of Defense to provide sustainment and support for T-38 Avionics systems. This contract ensures life cycle support for the T-38C Avionics System across multiple Air Force bases in the United States. Additionally, Boeing was awarded a $326 million contract by the U.S. Department of War for six CH-47F Block II remanufactured cargo helicopters, with work to be carried out at their Ridley Park, Pennsylvania facility.
In a significant development, Korean Air announced plans to purchase 103 Boeing aircraft for $36.2 billion, with deliveries scheduled between 2026 and 2039. Meanwhile, Wells Fargo initiated coverage on Boeing with an overweight rating, citing expectations of a strong free cash flow recovery as production normalizes. The firm set a price target of $250, based on a 20x free cash flow multiple applied to its 2028 forecast.
Furthermore, the European Union Aviation Safety Agency reported improved relations with Boeing and the U.S. Federal Aviation Administration, highlighting enhanced cooperation and regulatory oversight. These developments reflect Boeing’s ongoing engagement in substantial defense contracts and international partnerships.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.