reinforce its bid to make 36 fighter plans for the nation’s airforce, according to newspaper Valor Economico.
Valor Economico quoted Boeing vice president of Europe, Israel and America in the report, and said Boeing has asked to partner with Embraer on as many as 10 projects, including a Brazil plant to supply parts for F-18 Super Hornets.
Boeing shares are trading up over .2% Monday.
Also in aerospace and defense today, Honeywell International (NYSE:HON) is receiving analyst attention after an aerospace analyst event at the company.
Morgan Stanley (NYSE:MS) called the stock “highly attractive,” which pairs well with the firm’s overweight rating on the stock.
Deutsche Bank (NYSE:DB) reiterated its buy rating on the stock, with a $56 price target.
And FBR Capital Markets maintained a market perform rating on the stock, but hiked it s price target to $57 per share.
Honeywell shares are trading up over .3% Monday.
Both Honeywell and Boeing are top holdings in the Aerospace & Defense Portfolio (AMEX:PPA), which is trading down almost .3% Monday.
Honeywell is 7.26% of the portfolio, followed by United Technologies (NYSE:UTX), at 6.86%.
Boeing is the third-largest stock, at 6.52% of the fund, and General Dynamics (NYSE:GD) and Lockheed Martin (NYSE:LMT) round out the top five holdings
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