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Boeing Wins $341M For Two AF C-17s

Boeing (NYSE: BA) has won two contracts worth $341, 224, 864 combined to provide the U.S. Air Force with two C-17 planes, the Defense Department announced Tuesday.

Under a $171, 469, 781 contract, the company will deliver one new plane by Nov. 21, 2012.

A separate contract, worth $169, 755, 083, calls on the company to provide the Air Force with one replacement plane by May 23, 2013.

Work under both firm-fixed-price contracts will occur in Long Beach, Calif. and Wright-Patterson Air Force Base, Ohio is the contracting activity.

In February, the Pentagon announced that the company won $1.8 billion from the Air Force to provide the branch with 10 of the transport planes.

India will receive those planes under a foreign military sales agreement.

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