Boeing Relocates Defense HQ to St. Louis, Shares Slip
TL;DR Summary
Boeing announced moving its Defense, Space & Security headquarters to St. Louis as part of a multi‑year investment in advanced production facilities, a move that coincided with a roughly 1.5% drop in BA shares. The story also highlights Boeing’s ongoing court dispute with LOT Polish Airlines over damages analyses. Despite near‑term volatility, Wall Street remains bullish, with a Strong Buy consensus and a target around $278‑$279, implying potential upside.
- Boeing Stock (NYSE:BA) Slides as It Shifts Defense Headquarters TipRanks
- Defense Sec. Hegseth visits Boeing, praises workforce FOX 2
- Hegseth Brings DOW's Arsenal of Freedom Tour to 'Fighterland USA' U.S. Department of War (.gov)
- Boeing defense headquarters returns to St. Louis KSDK
- Top defense contractor announces major move weeks after Dem governor takes office: 'Win for the heartland' Fox News
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