Boeing (NYSE:BA) Flying Higher

Boeing is on the short list of great American companies. I remember seeing mockups of the new 777s in Everett, Washington in 2006 inside the largest building by volume in the world. Boeing’s heritage as the premier US-based airplane manufacturer is impressive.The process to land the $50 billion contract for a new U.S. Air Force tanker has been contentious with one major U.S. defense contractor, Northrop Grumman (NOC) recently bowing out. That puts Dow component Boeing (NYSE:BA) and Europe’s EADS in the catbird’s seat to win the lucrative contract. This could be a big win for…

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