Published on 20 Mar 2024 on Zacks via Yahoo Finance
Boeing (BA) Wins $1.14B Deal for F/A-18 & EA-18G Programs
The Boeing Company BA recently secured a modification contract for its F/A-18 and EA-18G aircraft. The award has been provided by the Naval Air Systems Command, Patuxent River, MD.
Details of the Deal
Valued at $1.14 billion, the contract is expected to be completed by April 2027. Per the terms of the deal, Boeing will be engaged in the production and delivery of 10 F/A-18F aircraft, as well as two F/A-18F and five F/A-18E aircraft. Boeing will also provide a technical data package, including the operation, maintenance, installation and training data to support F/A-18 and EA-18G sustainment efforts for the U.S. Navy.The majority of work related to this deal will be performed at Hazelwood, MO and El Segundo, CA.