Boeing Secures $240M Contract for Saudi Air Force AWACS Tech Upgrades

Boeing (NYSE: BA) has received a potential $240.2 million contract from the U.S. Air Force to support the first phase of the Saudi Arabian air force’s airborne warning and control system modernization program.

The Defense Department said Monday Boeing will modernize AWACS communications, mission computing and navigation systems as well as update identification, friend or foe technology designs under the foreign military sales contract.

Work will occur at a company facility in Oklahoma City, Oklahoma, through Feb. 28, 2019.

The Saudi Arabian government obligated the full contract amount from its letter of offer and acceptance case funds at the time of award.

You may also be interested in...

research and development

$105M DOE R&D Funding Opportunity Opens for Small Businesses

The Department of Energy plans to award $105M in total research and development grants for the second phase of its fiscal 2021 Small Business Innovation Research and Small Business Technology Transfer initiatives.

Kevin Kelly advisory board member Enlightenment Capital

Former CACI Exec Kevin Kelly Joins Enlightenment Capital Advisory Board

Kevin Kelly, former president of the national security and innovative solutions sector at CACI International (NYSE: CACI), has been named an advisory board member at investment firm Enlightenment Capital. He brings more than 25 years of government services industry experience to the board and will support Enlightenment's portfolio companies in national security business growth efforts, the company said Monday.