The Boeing Company currently holds the 60th rank in the Fortune 500 due to its 7% growth in 2021 annual revenue, reaching $62.3 billion.
As a multinational aerospace manufacturer, Boeing is considered the third-largest defense contractor that designs, builds, and markets airliners, rockets, satellites, rotorcraft, telecommunications equipment, and missiles worldwide.
Check out the top Boeing government contracts for the U.S. federal government.
Table of Contents
1. Missile Defense Agency’s Ground-Based Midcourse Defense System Contract
- Federal agency: Missile Defense Agency
- Contract Type: Indefinite-delivery/indefinite-quantity contract
- Contract Value: $5.02 billion
- Contract Period: 5 years (end date: August 31, 2027)
In August 2022, Boeing was awarded the Ground-Based Midcourse Defense (GMD) System by the Missile Defense Agency, in charge of system integration, testing, and readiness (SITR) against future ballistic missile threats. The contract also includes the GMD’s physical and logical integration of the elements and components of the Ballistic Missile Defense System that improves national security.
This initial task order worth $506.7 million was issued by MDA. It included research, development, testing, and evaluation responsibilities totaling $4.55 million in the fiscal year 2022. The contract began on the 1st of September 2022 to conclude within five years in August 31, 2027.
2. U.S. Navy’s Contract for Spares and Repairs of Navy Aviation Weapon Systems
- Federal agency: U.S. Navy and foreign military sales clients
- Contract type: Basic ordering agreement (BOA)
- Value: $3.1 billion
- Contract period: 5 years
The U.S. Navy’s Naval Supply Systems Command Weapon Systems Support (NAVSUP WSS) has awarded Boeing a Strategic Sustainment Solution (S-3) contract.
The company is expected to perform 194 repairs and 164 spares for F/A-18 and EA-18G flight refueling systems, control surfaces, airframe components, and support services. It is by far the most extensive and extensive contract ever awarded by NAVSUP WSS.
Additionally, the sole-source contract includes AV-8B/TAV support and overseas military sales to Australia, Spain, Malaysia, Kuwait, Finland, and Switzerland.
3. U.S. Air Force Orders 5 KC-46A Pegasus Aircraft, Data, Subscriptions, and Licenses
- Federal agency: U.S. Air Force
- Contract type: Modification to contract/ Follow-on-contract
- Value: $2.21 billion
- Contract period: 3 years (end date: November 30, 2025)
The U.S. Air Force has placed an additional 15 orders for aircraft data, subscriptions, and licenses for the World’s Most Advanced Multi-Mission Aerial Tanker with Boeing’s Defense, Space & Security business.
Most of the work is to be performed in the Seattle, Washington, site of Boeing. Tasks included are depot-level aircraft maintenance and equipment management.
At the time of award, the follow-up contract will incur obligations of $147.54 million in fiscal 2021 and $2.07 billion in fiscal 2022 from aircraft procurement funds.
4. Supply Support to U.S. Navy, Marine Corps, and Air Force
- Federal agency: Naval Supply Systems Command
- Contract type: Performance-based logistics contract
- Value: $1.64 billion
- Contract period: 4 years (end date: Dec. 2026)
The Boeing-Bell joint program is tasked with the maintenance, replacement, required availability, configuration management, and inventory management of the 228 MV-22B, CMV-22, and CV-22 Osprey aircraft owned by the Marine Corps, Navy, and Air Force, respectively.
The joint venture receives an initial delivery order of $246.6 million plus an extra $82.2 million for its work until December 2022.
Overall, the contract’s activity is Naval Supply Systems Command Weapon Systems Support, with 97% of the work completed in Fort Worth, Texas, and the remaining 3% carried out in Ridley Park, Pennsylvania.
5. U.S. Air Force’s Next Generation Adaptive Propulsion Program
- Federal agency: U.S. Air Force
- Contract type: Indefinite-delivery/indefinite-quantity contract
- Value: $975 million
- Contract period: 10 years (end date: July 31, 2032)
Along with General Electric, Raytheon Technologies, Lockheed Martin, and Northrop Grumman, Boeing is one of the five companies awarded for the prototype phase of the Next Generation Adaptive Propulsion program.
The contract tasks the following vendors to design, analyze, rig test, prototype engine test, develop weapon system integration, and reduce risks for the program. The initiative is for the Air Force Life Cycle Management Center located at Wright-Patterson Air Force Base. The work for Boeing’s contract will take place in St. Louis, Missouri.
6. Foreign Military Sales Contracts by the Department of Defense
- Federal agency: Department of Defense/U.S. Air Force
- Contract type: Undefinitized contract action
- Value: $927.49 million
- Contract period: 4 years (end date: December 31, 2026)
Boeing has been awarded foreign military sales contracts by the Department of Defense for four KC-46A aerial refuelers to Israel. The tasks included are one-time engineering work for Remote Vision System 2.0 and Air Refueling Operator Station 2.0, as well as installation services, pre-delivery integrated logistics support, and technical publications.
At the time, the sole-source acquisition contract obligates $886.24 million in foreign military sales money. Air Force Life Cycle Management Center at Wright-Patterson Air Force Base is the procurement contracting activity.
7. U.S. Air Force’s Contract for Upgrade to Japan Super Interceptor Standard
- Federal agency: U.S. Air Force
- Contract type: Undefinitized contract action
- Value: $471.31 million
- Contract period: 6 years (end date: December 2028)
Boeing has been given a contract by the U.S. Air Force to design and construct an integrated suite of aircraft systems and four weapon systems training according to F-15 to Japan Super Interceptor standards.
The sole-source deal settles $48.26 million in foreign military sales funds at the time of award for foreign military sales to Japan. The contract was awarded by the Air Force Life Cycle Management Center at Wright-Patterson Air Force Base. St. Louis, Missouri, is where the contract’s work will conclude.
Frequently Asked Questions
Here are the frequently asked questions about The Boeing Company:
What is Boeing known for?
The Boeing Company has been the leading manufacturer of commercial jetliners for decades. The company now manufactures the 737, 747, 767, 777, and 787 aircraft families and the Boeing Business Jet line. Boeing’s initiatives to develop new products include the 787-10 Dreamliner, the 737 MAX, and the 777X.
Boeing Intelligence & Analytics is the parent company’s arm that was formed in 2016. It specializes in identifying and developing strategies to identify vulnerabilities to resist threats from potential adversaries.
Is Boeing a U.S. defense contractor?
The Boeing Company is one of the leading defense contractors for federal agencies in the United States. The Department of Defense (DoD) is the largest federal agency for which the company provides advanced technologies, systems integration, data operations, and maintenance.
The Department of Homeland Security (DHS), the Federal Aviation Administration (FAA), the National Aeronautics and Space Administration (NASA), and the U.S. Navy are among Boeing’s other federal agency clients.
Does Boeing get military contracts?
Boeing gets awarded military contracts, which include projects for tactical and airlift aircraft, airborne systems, missiles, and surveillance and engagement programs.
Boeing Winning In Its Industry
Boeing has collaborated with federal, national, and local governments for more than a century earning the confidence and trust necessary to produce new software, programs, systems, and services. It has fulfilled past contracts and continues to carry out contracts by practicing the company’s own values of safety, integrity, and quality.
