Boeing's New MQ-25A Stingray Drone Costs $184 Million ... or Less

Boeing has been awarded a $552 million contract to deliver three MQ-25A Stingray refueling drones to the U.S. Navy, with the contract implying a cost of $184 million per drone—over 10% below initial estimates of $207-209 million. While delivery is several years behind schedule (expected 2029), the potential for under-budget delivery could enhance Boeing's reputation and lead to additional contracts.