On October 2, Boeing rose 3.42% in regular trading, reaching $193.735/share with turnover of $1.862 billion, extending a multi-day rebound from the sharp sell-off triggered by the FAA's pause of 737 MAX 10 certification.

Several catalysts are converging to drive the rally. Most immediately, the Society of Professional Engineering Employees in Aerospace announced that Boeing's technical division approved a new four-year contract with 53.48% support, removing a potential labor disruption risk. Meanwhile, momentum continues from the Pentagon's selection of Boeing to build the Navy's F/A-XX sixth-generation fighter under a contract valued at over $20 billion, marking Boeing's second consecutive sixth-gen fighter win after the Air Force's F-47 program. Additionally, Ethiopian Airlines ordered 10 Boeing freighters, and the MH-139A Grey Wolf helicopter entered full-rate production.

Concerns over the 737 MAX software glitch have also eased after U.S. Transportation Secretary Duffy stated he sees no current safety issue, and Ryanair's CEO indicated any MAX 10 certification delay would likely be measured in days rather than weeks or months. The FAA is expected to convene a review panel as soon as Friday to assess the issue.

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