NEW YORK (TheStreet) -- Shares of Boeing Co. are higher by 0.33% to $153.92 in mid-morning trading on Friday, after the aerospace company announced it has received an order worth $6.6 billion from Panama's Copa Holdings . Boeing said the order is for 61 737 MAX 8 and MAX 9 airplanes and is the largest commercial transaction ever between a Panamanian and a U.S.-based company. The signing ceremony took place in Panama City as leaders from across the Western Hemisphere were gathering for the seventh Summit of the Americas. President Obama and Panama's President Varela both witnessed the signing of the purchase. "This order is an important step in strengthening Copa's leadership in the region as we enhance our world class product and expand our network. Similarly, we are very excited about bringing new opportunities for Panama's economic growth in the process," Copa Chairman Stanley Motta said in a statement released by Boeing. Additionally, Boeing also announced today that it has acquired defense software business 2d3 Sensing, a wholly owned subsidiary of imaging technology group OMG plc. Boeing said the $25 million purchase "supports our effort to differentiate our platforms and services with integrated information solutions." Separately, TheStreet Ratings team rates BOEING CO as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation: "We rate BOEING CO (BA) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, good cash flow from operations, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins." Highlights from the analysis by TheStreet Ratings Team goes as follows: BA's revenue growth has slightly outpaced the industry average of 0.3%. Since the same quarter one year prior, revenues slightly increased by 2.9%. Growth in the company's revenue appears to have helped boost the earnings per share. Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Looking ahead, unless broad bear market conditions prevail, we still see more upside potential for this stock, despite the fact that it has already risen over the past year. BOEING CO has improved earnings per share by 25.5% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, BOEING CO increased its bottom line by earning $7.40 versus $5.97 in the prior year. This year, the market expects an improvement in earnings ($8.45 versus $7.40). The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Aerospace & Defense industry average. The net income increased by 18.9% when compared to the same quarter one year prior, going from $1,233.00 million to $1,466.00 million. The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation. Compared to other companies in the Aerospace & Defense industry and the overall market, BOEING CO's return on equity significantly exceeds that of both the industry average and the S&P 500. You can view the full analysis from the report here: BA Ratings Report Must Read: Warren Buffett's Top 25 Stocks for 2015
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