Hello, Guest!
  • Thursday, November 21, 2024

Boeing Gets $1.7B Air Force Contract Option to Build Additional KC-46 Tankers

Boeing (NYSE: BA) will manufacture 12 more KC-46 aerial refueling aircraft for the U.S. Air Force under a $1.69B contract option.

The award for the sixth tanker production lot covers licenses, data, subscriptions and a flat file, the Department of Defense said Tuesday.

In a separate announcement, Boeing said the new contract brings the number of KC-46 orders from the Air Force to 79 and the company provided 42 units to four military bases since January 2019.

Work under the modification will take place in Seattle through April 30, 2023.

The KC-46A multirole tanker is designed to refuel military aircraft compatible and transport personnel and equipment in various missions.

USAF awarded the lot 1 and 2 production contracts for 19 tankers in August 2016, then ordered an additional 15 planes in January of the following year.

The company received orders for 18 lot 4 aircraft and 15 lot 5 units in September 2018 and 2019, respectively.

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