Boeing Wins $368M To Update US, NATO E-3 Avionics

Boeing Co. (NYSE: BA) has won a $368 million engineering, manufacturing and development contract to update communications systems on U.S. and NATO aircraft.

The company announced Wednesday it will design and modernize flight deck and avionics on the E-3 707 Airborne Warning and Control System fleet.

Work will include integrating and installing new and existing avionics and communications systems, including a new five main glass display system.

Rockwell Collins (NYSE: COL) will supply the flight management system suite and Boeing will also receive support from Raytheon‘s (NYSE: RTN) Maryland division and Thales‘ Belgium division.

Boeing will upgrade one aircraft for each AWACS fleet, test the new systems to develop logistics support data and will train flight and maintenance personnel.

Equipment installs on NATO aircraft will occur at Boeing’s Seattle facility in 2013 and U.S installations will start in 2014, with the company expecting all project work to finish in 2015.

Northrop Grumman Corp. (NYSE: NOC) recently signed a $1.7 billion deal with NATO for ground surveillance system components earlier this week.

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