• Boeing shares are experiencing downward pressure. What’s pulling BA shares down?
The company delivered the ViaSat-3 Flight 3 (VS-3 F3) spacecraft to ViaSat, Inc. (NASDAQ:VSAT).
The satellite is arriving at Cape Canaveral Space Force Station in Florida for pre-launch processing ahead of a SpaceX Falcon Heavy launch.
The company says the satellite is built on its high-power 702MP+ platform and is designed to expand connectivity coverage across the Asia-Pacific region.
Ryan Reid, president of Boeing Satellite Systems International, said, "ViaSat-3 F3 reflects the strength of Boeing's 702 family and our long-standing partnership with Viasat. With this delivery, we're providing a high-power, flexible platform designed to support Viasat's next-generation connectivity mission, which is proving more valuable every single day. We are thankful for their partnership and trust."
Major Pentagon Deal Win
Last week, Boeing announced a major defense production framework with the U.S. Defense Department.
The agreement aims to significantly expand the output of critical missile defense components, reinforcing Boeing’s role in global security infrastructure.
The company will collaborate with government agencies to accelerate production of PAC-3 seeker systems, which support advanced missile interception capabilities.
Boeing plans to triple the output of PAC-3 seekers over a seven-year period under the new agreement.
BA Technical Levels: Key Support and Resistance to Watch
The ...
