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Boeing Secures $90M Navy Contract Modification for MQ-25 UAV Research, Analysis

Boeing (NYSE: BA) has received a potential $90.4M contract modification from the U.S. Navy to conduct analysis and studies related to a carrier-based unmanned air vehicle.

Work will take place in St. Louis, Miss., through August 2024 as part of the MQ-25 manufacturing, development and engineering phase, the Department of Defense said Wednesday.

The company won an $805.3M contract in August to build four MQ-25s and help the Navy integrate the drones with the carrier air wing.

The military service will obligate $10M at the time of award from its fiscal 2019 research, development, test and evaluation funds.

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