![](https://vistapglobal.com/wp-content/uploads/2021/06/pexels-pixabay-87057.jpg)
Reportedly, Boeing’s (BA) MQ-25 Stingray drone successfully has refueled a U.S. Navy Boeing F/A-18 Super Hornet, marking it the first time an unmanned aircraft has refueled another plane pushing Boeing Stock higher. The F/A-18 pilot flew as close as 20 feet from the drone at operational speeds and altitudes.
The MQ-25 will be the Navy’s first carrier-based drone and must refuel everything from Boeing F/A-18 Super Hornets to F-35s. The MQ-25 to continue flight testing before heading to Norfolk, Va., for deck handling trials aboard a Navy carrier later this year. The drone took its first flight in 2019 and is expected to reach its initial operating capability in 2024. In 2018, the Navy awarded Boeing an initial $805 million for the drone but the overall program is expected to be worth billions.
Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space, and security systems. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive! Please join us at Vista Partners and receive our FREE email updates throughout the week and view our exclusive content and research.