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Boeing to Continue Air Force Bomber Engineering Services Under $400M Contract Modification

Boeing (NYSE: BA) will continue to help the U.S. Air Force engineer B-1 and B-52 bomber planes under a two-year, $400M contract modification.

The AF Life Cycle Management will obligate $33.9M at the time of award covering recurring and non-recurring engineering services through Dec. 31, 2022, the Department of Defense said Friday.

DOD pegged the total cumulative value of the bomber engineering contract at $1.2B. Work locations include Tinker AF Base in Oklahoma, Edwards AFB in California and Barksdale AFB in Louisiana.

The B-1 Lancer is designed to carry large guided and unguided weapon payloads and equipped with onboard electronic jamming equipment, a radar warning receiver, an expendable countermeasures system and a towed decoy technology.

The B-52H Stratofortress is built to fly at an altitude of up to 50K feet, can carry ordnance with precision navigation technology and supports ocean surveillance missions.

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