tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Boeing awarded $109.1M Missile Defense Agency contract modification

Boeing was awarded a $109.1M contract modification to a previously awarded, cost-plus-award-fee, cost-plus-incentive-fee contract. The value of this contact is increased from $5.06B to $5.17B. Under this modification, the contract period of performance is being extended by 12 months. This extension will allow completion of the Ground Test, or GT-08 test campaign; fielding of the Launch Management System software version 8D and Increment 6B.2 of the Missile Defense System; and installation of new Launch System Components and Launch Support Systems. The work will be performed in Huntsville, Alabama; Fort Greely, Alaska; and Vandenberg Space Force Base, California. The contract period of performance will be extended from December 2023 to December 2024. Fiscal 2023, 2024, and 2025, research, development, test and evaluations funds will be used on this effort; however, no funds are being obligated at this time. The Missile Defense Agency is the contracting activity.

Meet Your ETF AI Analyst

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on BA:

Disclaimer & DisclosureReport an Issue

1