Boeing Wins $500M Contract for C-17 Post Production Transition

Boeing Co. (NYSE: BA) has won a $500 million U.S. Air Force contract to support C-17 transition to post production, the Defense Department announced Friday.

Under the firm-fixed-price, cost-plus-fixed-fee contract, the company will provide for the transfer of C-17 aircraft production assets.

Work will take place in Long Beach, Calif., and will finish by July 5, 2022, according to the statement.

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