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Boeing was at risk of losing all fighter-jet production altogether. Now the stock is up on a new Navy contract.

By MarketWatch

Boeing was at risk of losing all fighter-jet production altogether. Now the stock is up on a new Navy contract.

Shares in the aerospace company rose close to 3% in premarket trading on Wednesday after the U.S. Navy selected it to develop its next-generation fighter jet.

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Source: MarketWatch