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Boeing Grabs Navy Work

According to the Department of Defense, “Boeing (NYSE: BA) is being awarded a $31, 087, 443 cost-plus-fixed-fee, cost-plus incentive contract for TRIDENT II (D5) maintenance, repair, and rebuilding in support of navigation equipment.  This contract contains options which, if exercised, will bring the total contract value to $64, 160, 867.  Work will be performed in Huntington Beach, Calif. (89 percent), and Heath, Ohio (11 percent), and is expected to be completed Sept. 30, 2014.  Contract funds in the amount of $16, 069, 864 will expire at the end of the current fiscal year.  This contract was not competitively procured.  Strategic Systems Programs, Washington, D.C., is the contracting activity (N00030-11-C-0002).”

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