Report
Chris Higgins
EUR 147.86 For Business Accounts Only

Israeli Aid Package Means Boeing Middle East Fighter Sales Increasingly Likely, Fair Value Intact

Earlier in September we wrote about the increasing possibility of Boeing locking up several fighter deals in the Middle East and raised our fair value estimate. We reiterate our $140 fair value estimate and wide moat rating as our thesis appears to be playing out following reports today that the U.S-Israeli military assistance deal will be signed soon.  
This new Israeli deal will begin in U.S. government fiscal year 2019, following the expiration of the previous 10-year aid package signed in 20...
Underlying
BOEING COMPANY (THE)

The Boeing is an aerospace firm. The company's segments include: Commercial Airplanes, which develops, produces and markets commercial jet aircraft and provides fleet support services, mainly to the commercial airline industry; Defense, Space and Security, which engages in the research, development, production and modification of manned and unmanned military aircraft and weapons systems for strike, surveillance and mobility, vertical lift, and commercial derivative aircraft; Global Services, which provides supply chain and logistics management, pilot and maintenance training systems and services, and data analytics and digital services; and Boeing Capital, which manages overall financing exposure.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Chris Higgins

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