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NASA just revealed a major contract with Boeing that would increase Boeings market value by $7.5 billion. It was widely expected by the market that

NASA just revealed a major contract with Boeing that would increase Boeings market value by $7.5 billion. It was widely expected by the market that this contract would be awarded to Lockheed-Martin (LMT). Assume that Boeing has 800 million shares outstanding and Lockheed Martin has 425 million shares outstanding. Prior to this announcement, the market felt that the probability of Boeing winning the contract was 10% and that Lockheed-Martin's chance was only about 90%. What do you anticipate will happen to Lockheed-Martin and Boeing's stock prices are a result of this surprise announcement?

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