Boeing Secures $275M Air Force Space Systems Research IDIQ

Boeing (NYSE: BA) has been awarded a $275 million contract with the U.S. Air Force to study and engineer ground-based space systems.

The Defense Department said Tuesday the company will also transition the resulting technology to support the Air Force’s operations.

Boeing will perform research, engineering, program management and technical support at Kirtland Air Force Base in New Mexico and in Maui, Hawaii, through Nov. 3, 2020.

The Air Force Research Laboratory received four offers for the indefinite-delivery/indefinite-quantity contract.

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