Boeing is a company that has recently been in the news for all the wrong reasons. For starters, the company has missed earnings in the last two quarters, due mainly to some program charges on the military side of the business. For much of the year, moreover, the latest Airbus 320neo has stolen the thunder (and orders surely) from Boeing’s latest 737MAX. And it has gotten behind in its largest military program, the new KC-4A Tanker program. Moreover, second major defense program, the V-22 Osprey Tilt-rotor aircraft, has the end in sight of an illustrious run. These things aside, Boeing is an enormous company with years and years backlog, one that has executed well in a touggh and consolidating industry. Consider the following analysis.

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