Boeing to Build More Wideband Global SATCOM Satellites for US Air Force; Combined Value $673M
Boeing (NYSE: BA) has received authorization from the U.S. Air Force to produce and launch the eighth and ninth Wideband Global SATCOM (WGS) satellites. The WGS-9 authorization and the WGS-8 production option, which was authorized last month, have a combined value of $673 million and are part of the $1.09 billion contract modification announced by the Air Force in September 2011.
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.