The U.S. Air Force has awarded Boeing and RTX a combined $766 million in contracts tied to the ongoing B-52 modernization program.
The contracts signal continued government investment in upgrading one of the military’s most enduring and strategically significant long-range bomber platforms.
Boeing, trading under ticker BA, has long been a central contractor in the maintenance and modernization of the B-52 Stratofortress fleet.
RTX, which trades under the ticker RTX, brings its advanced systems integration and defense electronics expertise to the modernization effort alongside Boeing.
The B-52 has served as a cornerstone of American airpower for decades and modernization efforts aim to extend the aircraft’s operational lifespan well into the future.
Upgrading the aging fleet is seen as a priority for the Air Force as it seeks to maintain long-range strike capability against increasingly sophisticated adversaries.
In a separate defense contract development, Northrop Grumman received an update to its existing deep space radar contract, expanding its role in space domain awareness.
Northrop Grumman, trading under ticker NOC, has been building its position as a leading provider of advanced radar and surveillance technologies for space-based applications.
Deep space radar systems are considered critical infrastructure for tracking objects and potential threats operating far beyond low Earth orbit.
The awards come at a time when defense spending continues to draw significant attention in Washington, with both modernization programs and space surveillance capabilities representing key budget priorities.
Shares of Boeing edged up 0.42% following the contract news, while RTX gained 0.57% and Northrop Grumman rose 1.72% on the session.
The combined contract activity underscores the scale of current Department of Defense investment across both legacy platform upgrades and next-generation defense technologies.
