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  • Friday, April 19, 2024

Boeing Wins Option on $354M Foreign Military Sale

BoeingLogoBoeing (NYSE: RTN) has won a $11, 418, 173 re-baseline contract option to continue carrying out a delivery order under a $354, 124, 956 foreign military sales agreement.

This firm-fixed-price, fixed-price-incentive-firm, cost-plus-fixed-fee contract covers the fourth modification under delivery order 67 for a mid-life upgrade, the Defense Department said Friday.

The Pentagon’s notice of the award does not state specific program but refers back to a potential $7 billion contract awarded in May 2001 for the company to help sustain an airborne warning and control system.

Work will occur in Seattle through Dec. 31, 2015 and the Air Force Life Cycle Management Center at Hanscom Air Force Base, Mass. is the contracting activity.

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