Boeing was awarded a not-to-exceed $111.89M undefinitized, firm-fixed-price order against a previously issued basic ordering agreement. This order provides for the production and delivery of avionics long lead time parts and spares to support the advanced crew station suite inclusive of the low profile engine fuel display, large area display, and low profile head up display; life of type buys for parts that have or will become obsolete; and special test equipment in support of the F/A-18E/F Block III and E/A-18G aircraft for the Navy, Royal Australian Air Force, and the country of Kuwait. Work is expected to be completed in May 2028. FY24 aircraft procurement funds in the amount of $16.15M; FY23 aircraft procurement funds in the amount of $9.46M; and Foreign Military Sales customer funds in the amount of $4.88M, will be obligated at the time of award, none of which will expire at the end of the current fiscal year. Naval Air Systems Command is the contracting activity.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BA:
- New Whistleblower Report Reveals New Problems with Boeing’s (NYSE:BA) 787
- Yum! downgraded, Cava upgraded: Wall Street’s top analyst calls
- Northcoast downgrades Hexcel on CEO pushback, Boeing probe
- Boeing price target lowered to $260 from $270 at Stifel
- Boeing price target lowered to $180 from $235 at Morgan Stanley