Hello, Guest!
  • Friday, November 22, 2024

Boeing Gets $2.9B Air Force Contract Modification for Fourth KC-46 Tanker Production Lot


Boeing (NYSE: BA) has received a $2.85B contract modification to produce an additional 18 KC-46 aircraft designed to support the U.S. Air Force‘s aerial refueling missions.

The company said Monday the lot 4 tanker production contract also covers the provision of two spare engines, five wing refueling pod kits and initial spares.

Work will take place at a company facility in Washington through January 2022, the Defense Department announced Monday.

The first and second production lots for KC-46s were awarded to Boeing in August 2016 and the third one in January of last year. The latest award will bring the number of tankers ordered by the service branch to 52.

The company aims to build a total of 179 refueling aircraft units for the Air Force fleet.

Deliveries of the tanker aircraft could begin later this year.

Boeing has obtained a supplemental type certificate from the Federal Aviation Administration for the KC-46 after conducting a three-year assessment of the tanker’s boom and drogue systems for aerial refueling missions.

Video of the Day

Related Articles

GovCon Index Averted a Weekly Loss Amid Wall Street’s Worst Week Financial Reports

GovCon Index Averted a Weekly Loss Amid Wall Street’s Worst Week

Executive Mosaic’s GovCon Index advanced 1.08% before the weekend and averted a third consecutive losing week. The index, which tracks the stock performances of 30 major government contractors, ended at $4,786.97 for a 0.13% week-on-week gain. Wall Street concluded the week with a tech sell-off, and only the Dow Jones Industrial Average (+0.01%) yielded a gain.

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024 Financial Reports

GovCon Index Posted 2 Consecutive Week-on-Week Loss for the 1st Time in 2024

Executive Mosaic’s GovCon Index ended the week with a 2.36% loss following the 0.8% drop Friday to $4,780.55. The index, which tracks the stock performances of 30 major government contractors, has fallen 3.04% since the start of April. Wall Street saw a broad market selloff due to the escalating conflict between Iran and Israel. All the major

Boeing Secures $112M Navy Order for F/A-18E/F Block III, E/A-18G Aircraft Equipment Contract Awards

Boeing Secures $112M Navy Order for F/A-18E/F Block III, E/A-18G Aircraft Equipment

Boeing (NYSE: BA) has booked a $111.9 million undefinitized firm-fixed-price order from the U.S. Navy to manufacture and deliver avionics long lead time parts and spares in support of the F/A-18E/F Block III and E/A-18G aircraft. The Department of Defense said Thursday the award, which was made against a previously issued basic ordering agreement, supports