Boeing will play an important role in the defense sector in 2025.

Boeing's New Contracts and Future Vision

The Boeing Company (NYSE:BA) is expected to be among the top 10 defense companies by 2025. On October 21, it announced that it had won two contracts worth a total of $461 million for the U.S. Army. These contracts involve nine CH-47F Block II Chinook helicopters.

With this latest order, the total number of CH-47F Block II helicopters ordered has risen to 18. Boeing Defense, Space & Security Vice President and Program Manager Heather McBryan commented on the contracts:

“The rapid increase in contracts demonstrates Chinook's continued significant role within the U.S. Army system family. We appreciate the Army's partnership and the support from Congress in our efforts to provide modern capabilities to meet the Army's needs, especially in a challenging logistical environment.”

Boeing has so far delivered six CH-47F Block II production helicopters to the U.S. Army. These helicopters are undergoing various evaluations to showcase their enhanced capabilities.

The CH-47F Block II significantly improves lifting capacity by increasing maximum total weight by 4,000 pounds, along with an enhanced drive and airframe. Additionally, changes to the fuel system expand the mission radius for nearly all loads.

According to the company's press release, these innovations ensure that the CH-47F Block II will meet the Army's needs for at least four decades with increased sustainability.

Boeing Company (NYSE:BA) is a leading aerospace company producing commercial airplanes, space systems, and defense equipment for customers in over 150 countries.

However, while we acknowledge the investment potential of BA, we believe that some artificial intelligence (AI) stocks offer higher growth potential and carry less risk.