TYSONS CORNER, VA, Aug. 16, 2016 — Defense Department acquisition chief Frank Kendall has granted Milestone C approval to Boeing‘s (NYSE: BA) KC-46A Pegasus refueling tanker aircraft developed for the U.S. Air Force, ExecutiveBiz reported Monday.
Boeing is due to receive two contracts worth a combined $2.8 billion from the Air Force within a 30-day period to build a total of 19 low-rate initial production KC-46As, the military service said Friday.
About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com