Boeing Wins Massive $11.9 Billion B-52 Weapons Systems ID/IQ

According to the Department of Defense, “Boeing (NYSE: BA) was awarded a sole-source $11, 900, 000, 000 indefinite-delivery/indefinite-quantity contract over an eight-year period.  The contract provides for the acquisition and sustainment activities needed to support B-52 weapon system modernization.  At this time, no funds have been obligated.  ASC/WWVK, Wright Patterson Air Force Base, Ohio, is the contracting activity.  Individual delivery orders will be issued through three contracting activities (FA8628-10-D-1000). “

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