Boeing wins follow-on contract valued up to $23.8 bln from U.S. Defense Department
A Boeing emblem is pictured throughout the European Enterprise Aviation Conference & Exhibition (EBACE) at Geneva Airport, Switzerland Could 28, 2018. REUTERS/Denis Balibouse
Sept 29 (Reuters) – Boeing Co mentioned on Wednesday the U.S. Division of Protection had awarded it a follow-on contract valued at as much as $23.8 billion to offer providers to a fleet of C-17 Globemaster III transport plane over a 10-year interval.
Below the settlement, Boeing will proceed to offer providers together with engineering, area help and materials administration for a fleet of 275 plane managed by the US Air Drive and eight world companions, the planemaker mentioned.
Boeing may also decrease working value per-flight-hour for the fleet below the brand new settlement, it mentioned.
The brand new settlement is at the moment funded by September 2024, the corporate mentioned, with a Part I award of $3.5 billion.
Reporting by Niket Nishant in Bengaluru;
Enhancing by Vinay Dwivedi
:
