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.