Boeing was awarded a $94.1M firm-fixed-price and cost type contract for integration and installation of modernization on two Boeing 777 aircraft. This contract provides for aircraft modernization technology. Work will be performed at Oklahoma City, Oklahoma; and Ardmore, Arkansas, and is expected to be completed by November 9, 2027. This contract involves foreign military sales to India. This contract was a sole-source acquisition. FY23 Foreign Military Sales funds in the amount of $78.25M are being obligated at time of award. The Air Force Life Cycle Management Center is the contracting activity.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BA:
- ViaSat selected by Malaysia Airlines for in-flight entertainment
- Boeing picks former Ford exec Alvin Liu to head China unit, WSJ reports
- Air Lease announces long-term lease contracts for five Boeing 737
- Boeing is front-runner in widebody jet talks with IndiGo, Reuters reports
- Wisk Aero, Archer, Boeing to settle litigation on undisclosed terms