Boeing awarded $2.8 billion contract for strategic satellite program, positive for Boeing stock.

Boeing secures a $2.8 billion contract for the Evolved Strategic Satellite Communications program, part of the U.S. nuclear command system. The deal includes two satellites initially, with options for two more in the future. The company aims to deliver the first satellite by 2031. Once in geostationary orbit, the ESS will offer global coverage for strategic warfighters.

Read more at Nasdaq.: Boeing Secures $2.8 Bln Contract For Strategic Satellite Communications Program