Saab added that it has not obtained the order from its US counterpart at this point and over 90% of Boeing’s offering will be made in the US, supporting over 17,000 jobs in 34 states.
The company has been winning contracts on a regular basis this year. Boeing received an order to build two planes for the US President amounting to $3.9 billion earlier this year. In August, the defense company bagged an $805 million Navy tanker contract. Last week, Boeing reported that it will provide 84 MH-139 helicopters to the U.S. Air Force to replace the UH-1N Huey helicopters in a deal worth $2.4 billion.
The Chicago-based aircraft maker won the US Air Force bid competing with Lockheed Martin (LMT) and Italian aerospace company Leonardo. While Lockheed Martin’s shares were up slightly during the regular trading session, Boeing shares continued to trade in the positive territory. Boeing stock has gained 26% so far in this year and 46% in the past 12 months.