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Boeing to Produce Additional Super Hornet Aircraft Under $677M Navy Contract Modification

Boeing (NYSE: BA) has secured a $676.6 million contract modification from the U.S. Navy to build and deliver six Lot 41 F/A-18E and eight F/A-18F Super Hornet jets.

The Defense Department said Wednesday Boeing will perform work in Arizona, California, Missouri, New York, Ohio, Texas, Canada and other locations within the U.S. through February 2019.

The Naval Air Systems Command will obligate the full modification amount at the time of award from the Navy’s fiscal 2017 aircraft procurement funds.

Super Hornet is designed to land and take off from aircraft carriers and equipped with conformal fuel tanks, an updated engine technology, a radar signature and an enclosed weapons pod.

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