Author: Mary-Louise Hoffman|| Date Published: December 1, 2016
Boeing (NYSE: BA) has received a $558.5 million contract modification to support the U.S. Air Force‘s F-15 radar improvement and modernization programs.
The Defense Departmentsaid Wednesday work under the modification will run through Jan. 15, 2019 and covers procurement, installation and spares production for 42 combined APG-63 Version 3 and APG-82 Version 1 radars.
The Air Force initially awarded a $281.7 million fixed-price-incentive-firm contract to Boeing in November last year to update the F-15 fleet’s radar system.
DoD said the military branch obligated $397.9 million in fiscal 2015 and 2016 procurement funds at the time of award of the modification.
The AF Life Cycle Management Center is the contracting activity.
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