Hello, Guest!
  • Friday, November 22, 2024

Boeing Secures Potential $480M Saudi F-15 Repair Services Contract


The U.S. Air Force has awarded Boeing (NYSE: BA) a potential $480.4 million contract for repair support services to Saudi Arabia’s F-15 fleet.

Boeing will repair and return F-15C/D/S/SA parts for the Royal Saudi Air Force as well as repair ground aerospace and hush house/open-air test cell equipment for the military branch’s F-15 program, the Defense Department said Thursday.

USAF received four offers for the foreign military sales contract via a competitive source selection process, DoD noted.

The fixed-price-incentive-firm contract contains a 24-month base period, five 12-month options and an additional an six-month option period.

RSAF F-15 repairs could take place through June 20, 2025, at multiple original equipment manufacturer facilitates within the U.S. and Saudi Arabia.

Video of the Day

Related Articles

RTX Books $344M Standard Missile Production Contract Contract Awards

RTX Books $344M Standard Missile Production Contract

Raytheon, a subsidiary of RTX (NYSE: RTX), has received a $344 million contract to build and deliver two Standard Missile variants with a common guidance section to U.S. and international military customers. The company said Thursday it will produce the SM-2 Block IIICU and SM-6 Block IU missiles on a common production line for the

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted M&A Activity

VTG Acquires Digital Transformation Services Provider Vana Solutions; John Hassoun Quoted

VTG has moved to expand its portfolio of digital transformation platforms and cloud services for defense and intelligence community customers through its acquisition of Vana Solutions. Vana Solutions is a Dayton, Ohio-based company founded by Srujal Sheth and Sunit Sheth in 2005 and is focused on delivering cloud services, advanced analytics, data fabric platforms and

Kristen McLeod Promoted to Calibre Systems EVP, CFO Executive Moves

Kristen McLeod Promoted to Calibre Systems EVP, CFO

Kristen McLeod, most recently senior vice president of finance and accounting and controller at Calibre Systems, has assumed the roles of executive VP and chief financial officer at the Alexandria, Virginia-based management consulting and digital transformation company. In this capacity, she will serve as a corporate officer and fiscal strategist and continue to offer insights