22 Sep 2025 | 3 Mins Read
Defence stock surges 11% on Boeing deal
Flipitmoney
Rossell Techsys signed a long-term IDIQ contract with Boeing to produce 1,200 T-7A Red Hawk electrical panel assemblies through 2033, solidifying its position as a trusted partner in Boeing's global aerospace supply chain. The move led to a surge in shares of the Indian aerospace and defence company, rising nearly 11% after the agreement.