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  • Friday, April 19, 2024

Billion-Dollar International Space Station Support Extension for Boeing

Boeing (NYSE: BA) won an extension from NASA for the International Space Station (ISS) contract for sustaining engineering.

The extension is worth a $1.24 billion over the next five years.

The firm will continue to focus “on sustaining engineering for hardware and software on the U.S. segment of the ISS and for common hardware and software available to the international partners.”

Even with the five-year extension in place, the firm has an eye on a much distant future.

“Boeing’s knowledge of the International Space Station allows us to safely fly and operate the station to 2015, set the stage to enable ISS operations until 2020, and potentially extend operations through 2028, ” Joy Bryant, Boeing vice president and program manager for ISS, said. “We are partnering with NASA to ensure the health of the station’s many subsystems in order to pave the way for groundbreaking science and research aboard the laboratories on station in the years ahead.”

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