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Boeing Secures $657M Navy Contract Modification for MQ-25 Test Article Aircraft

Boeing (NYSE: BA) has received a potential $657.1 million contract modification from the U.S. Navy to support the production and delivery of two more MQ-25 Stingray System Demonstration Test Article aircraft.

The modification includes related tooling and communication systems changes to the aerial refueling drone and seeks to definitize obsolescence phase two for non-recurring engineering in support of the program’s low-rate initial production phase, the Department of Defense said Friday.

Naval Air Systems Command is obligating $288.6 million in research, development, test and evaluation funds for fiscal year 2023.

Work will occur in Missouri, California, New York, Florida, Indiana, Iowa, Canada and other locations within and outside the continental U.S. through October 2028.

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