According to the Department of Defense, “the Missile Defense Agency is announcing the award of a sole-source cost-plus- fixed-fee modification to Boeing (NYSE: BA) under Contract HQ0147-09-C-0007 (P00028). The not-to-exceed value of the award is $27, 242, 000. Under this modification, The Boeing Company will provide support for the Sea Based X-Band Radar shipyard maintenance efforts. The work will be performed at Todd Pacific Shipyard in Seattle, WA. The period of performance is from March 2011 through September 2011. Fiscal year (FY) 2011 Research, Development, Test and Evaluation funds will be used to incrementally fund this effort in the amount of $10, 400, 000. The Missile Defense Agency is the contracting activity (HQ0147).”
Boeing Scoops Up MDA Modification
Related Articles
Executive Mosaic’s GovCon Index ended the week with a 2.36% loss following the 0.8% drop Friday to $4,780.55. The index, which tracks the stock performances of 30 major government contractors, has fallen 3.04% since the start of April. Wall Street saw a broad market selloff due to the escalating conflict between Iran and Israel. All the major
Boeing (NYSE: BA) has booked a $111.9 million undefinitized firm-fixed-price order from the U.S. Navy to manufacture and deliver avionics long lead time parts and spares in support of the F/A-18E/F Block III and E/A-18G aircraft. The Department of Defense said Thursday the award, which was made against a previously issued basic ordering agreement, supports
Executive Mosaic’s GovCon Index rose 0.46% to $4,896.02 Friday as 22 of its constituents advanced. However, the index, which tracks the stock performances of 30 major government contractors, still ended 1.35% lower week-on-week due to the weak start in April. Wall Street’s major indexes closed the week with losses despite bouncing back from their slump.