On September 23, Boeing rose 3.04% in regular trading, trading at $203.85/share, with turnover of $837 million. The stock gained momentum on multiple positive developments, including a union leadership recommendation for contract acceptance and progress on a landmark China aircraft order.

The Society of Professional Engineering Employees in Aerospace union advised its members to accept Boeing's latest four-year contract offer, which includes larger wage increases than an initial proposal that was rejected in an August 21 vote. A successful ratification would remove a key labor uncertainty that had weighed on investor sentiment.

Meanwhile, Boeing's prospective sale of 200 jets to China showed meaningful progress, with 140 aircraft purchases reportedly in good shape, according to U.S. Trade Representative Jamieson Greer. The orders would represent the aircraft manufacturer's first major Chinese deal in almost a decade, a significant commercial milestone.

Additional tailwinds included two U.S. defense contracts totaling $41.5 million for F/A-18E/F support services and V-22 technical data, as well as recent orders from Lufthansa for 20 additional 737 MAX 10 aircraft valued at $3.4 billion and FAA approval to sell 35 more 777F freighters.

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