Boeing Wins $750 Million B-1 Bomber Contract

The Department of Defense announced 18 new defense contracts Monday, worth $1.29 billion in total value. The big winner of the day was Boeing , which landed a combined $818.98 million via three separate contracts -- 63% of the funds on offer. These included:

  • A $750 million firm-fixed-price, cost-plus-fixed-fee, cost-plus-incentive-fee, time and material, indefinite-delivery/indefinite-quantity contract to provide integrated engineering services for U.S. Air Force B-1 bombers through at least Dec. 31, 2014. Boeing will be performing detailed design engineering work, maintenance engineering, computer network support, technical analysis, and other work on the aircraft and their weapons systems. This contract is divided into a one-year "base" period, and four subsequent one-year-long option periods.
  • A $46.6 million delivery order issued under a previously issued basic ordering agreement to provide integrated logistics and engineering work on F/A-18A-D and F/A-18E/F fighter jets, and also on EA-18G electronic warfare aircraft, operated by the U.S. Navy and also by the militaries of Australia, Canada, Finland, Kuwait, Malaysia, Spain, and Switzerland. All work is to be completed by December 2014.
  • A $22.2 million delivery order issued under a previously issued basic ordering agreement to supply automated maintenance environment integrated software for F/A-18E/F fighters and EA-18G electronic warfare aircraft operated by the U.S. Navy and the Australian military only. This work will be completed by December 2015.

The article Boeing Wins $750 Million B-1 Bomber Contract originally appeared on Fool.com.

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