2022 has been an interesting year for Boeing (NYSE:BA). Demand for commercial aircraft is strong, but original equipment manufacturers cannot push production higher due to supply chain issues and while Boeing is pacing well on commercial aircraft and services, the Defense segment is underperforming strongly. So, it is another challenging year for Boeing with different dynamics. With the year coming to an end, the US jet maker has booked a significant win in its effort to get the Boeing 737 MAX 7 and Boeing 737 MAX 10 certified, which I will discuss in this report.

What was the issue for the Boeing 737 MAX?

In the aftermath of the Boeing 737 MAX crashes, Congress passed the Aircraft Certification Reform and Accountability Act in 2020. The key item of the reform act is the requirement of a flight crew alerting system:

SEC. 17. FLIGHT CREW ALERTING.

(A) In General.-Not later than 1 year after the date of enactment of this Act, the Administrator shall fully implement National Transportation Safety Board recommendations A-19-11 and A-19-12 (as contained in the safety recommendation report adopted on September 9, 2019).

(B) Prohibition.-Beginning on the date that is 2 years after the date of enactment of this Act, the Administrator may not issue a type certificate for a transport-category aircraft unless-

(1) in the case of a transport airplane, such airplane incorporates a flight crew alerting system that, at a minimum, displays and differentiates among…