The Boeing CompanyBoeing wins massive $131.2B F-15 contract, boosting defense unit and signaling turnaround.

Boeing has been awarded a massive $131.2 billion contract for F-15 fighter jet production and modernization, marking a major comeback for its defense business. The "F-15 Eagle Crest" contract, announced on Monday, Aug. 24, covers aircraft production, systems integration, modernization, upgrades, retrofits, sustainment, and depot maintenance for the U.S. Air Force and the air forces of Japan, Indonesia, Israel, Poland, Saudi Arabia, Singapore, and South Korea. This umbrella contract has an upper limit of $131.2 billion, with the final value depending on task orders placed, and work is expected to be completed by August 2037. The contract could add more than $13 billion per year to Boeing's defense, space, and security unit, which reported a $218 million operating profit so far in 2026 after near-breakeven last year. This follows Boeing's earlier win of the F-47 Next Generation Air Dominance fighter contract, estimated to bring $20 billion to $50 billion in revenue, as the company continues its turnaround from $12 billion in losses in 2024.
The Boeing CompanyBoeing wins massive $131.2B F-15 contract, boosting defense unit and signaling turnaround.
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