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State Dept OKs $2B Boeing AWACS Upgrade Deal for Saudi Arabia

ContractSaudi Arabia plans to modernize its fleet of Boeing-built (NYSE: BA) airborne warning and control systems aircraft through a $2 billion foreign military sales deal approved by the U.S. State Department.

The government of Saudi Arabia is buying 5 AWACS Block 40/45 mission computing upgrade kits and 20 AN/UPX-40 friend or foe identification platforms from the U.S. government, the Defense Security Cooperation Agency said Tuesday.

As the prime contractor, Boeing would also deliver mission planning and training equipment, communications technology, spares, technical manuals and logistics support work for Saudi Arabia’s AWACS modernization program.

Boeing designed the surveillance vehicle to help military users detect airborne threats and identify friendly aircraft in airspace.

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