Boeing
Boeing has been awarded a $562 million contract by the US Navy for the low-rate initial production of three MQ-25A Stingray unmanned aerial refuelers.
Why it matters for sellers
Revenue momentum = expansion budgets unlocking
Signal details
- Counterparty
- US Navy
- Event date
- September 14, 2026
- Reported
- September 15, 2026
- Source
- navaltoday.com
From the coverage · navaltoday.com
The US Navy has awarded Boeing a $562 million contract for the low-rate initial production (LRIP) of three MQ-25A Stingray unmanned aerial refuelers. The fixed-price incentive contract, awarded on September 14, covers the three aircraft that make up LRIP Lot 1, as well as funding for long-lead components for three additional aircraft planned under Lot 2. Initial deliveries of the Lot 1 aircraft are expected to begin in 2029, according to the Navy. The award moves the MQ-25A program from development and testing into low-rate production. Boeing said the three LRIP aircraft bring the total number of MQ-25As under contract to 14.
Lot 2 is planned for award in 2027. The US Navy previously granted the program Milestone C approval in May 2026, allowing it to enter the Production and Deployment phase following the aircraft's first flight in April. The MQ-25A is being developed as the Navy's first operational carrier-based unmanned aircraft. Its primary mission is aerial refueling, allowing it to take over the tanker role from crewed aircraft and extend the operational reach of the carrier air wing. The navy also said the program will support the integration of unmanned aircraft alongside crewed platforms aboard aircraft carriers.
The MQ-25A program of record comprises 76 aircraft, including four engineering development and manufacturing aircraft and five system demonstration test articles. The service said seven test aircraft are currently in production at Boeing facilities in St. Louis and Mascoutah, Illinois. Boeing's development effort has included four engineering development model aircraft, five system demonstration test articles and two ground test articles for static and fatigue testing.
Get signals like this for every account you sell to
Our engine detects, verifies, and deduplicates thousands of buying signals every day across 50M+ companies — delivered via API, GCS push, or flat file.
More from the last 24 hours
Brookfield
AcquisitionBrookfield has agreed to acquire 100% of global plumbing and heating solutions manufacturer Reliance Worldwide Corporation for approximately US$2.8 billion.
Forward Financing
Funding RoundForward Financing announced a new multi-year forward flow agreement with a New York-based private credit fund, which has committed to purchase up to $1.8 billion of advances over three years.
Eli Lilly and Company
AcquisitionEli Lilly closed its acquisition of AtaiBeckley for $2.8 billion upfront, with a potential additional $1 billion based on milestones.
Cisco
PartnershipCisco is expanding its partnership with NVIDIA to bring self-managed Splunk AI capabilities to on-premises, private cloud, and air-gapped environments for Splunk Enterprise customers.