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Boeing Receives $324M Order for Additional Navy F/A-18 Spare Parts

The Defense Logistics Agency has awarded Boeing (NYSE: BA) a potential 10-year, $323.5 million undefinitized delivery order to provide spare parts for the U.S. Navy‘s F/A-18 and F/A-18 A-F aircraft.

The sole-source order contains a five-year base period that will run through Dec. 30, 2023, along with one five-year option, the Defense Department said Monday.

DoD added the purchase will be financed with the Navy’s working capital funds from fiscal 2017 through fiscal 2023.

Boeing also received a $196.7 million order last year to supply the military branch with F/A-18 spares.

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