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Valued at a market cap of $108.7 billion, The Boeing Company (BA) is one of the largest defense contractors in the U.S. The Arlington, Virginia-based company designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services.
This aerospace giant’s shares have significantly underperformed the broader market over the past 52 weeks. BA has declined 15.8% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21.8%. Moreover, the stock is down marginally on a YTD basis, compared to SPX’s 2.7% rise during the same time frame.
