Boeing Stock Rises Amid $33B US Defense Spending on Drones and AI

Boeing shares increased slightly on Friday as investors responded to developments in defense contracting, particularly the U.S. government's allocation of $33 billion for unmanned systems and artificial intelligence initiatives. The Department of Defense has designated $13.5 billion specifically for unmanned systems and $16 billion for government-wide AI programs, positioning Boeing to potentially benefit from this federal spending increase.