Boeing awarded $2.46B Air Force contract modification

Boeing (BA) has been awarded a $2.46B modification to a previously awarded contract for C-17 Globemaster III sustainment. The modification brings the total cumulative face value of the contract to $7.6B from $5.14B. Work is expected to be completed by October 31, 2027. This contract involves Foreign Military Sales to Australia, Canada, India, Kuwait, NATO Airlift Management Program, Qatar, United Arab Emirates, and the United Kingdom. FY25 operation and maintenance funds in the amount of $376.16M; and FMS funds in the amount of $97.17M are being obligated at the time of award. The Air Force Lifecycle Management Center is the contracting activity.