Market Overview

Boeing Secures Air Force Deal To Modify F-15 Program

Share:

Boeing Co (NYSE: BA) recently clinched a modification contract in relation to F-15C and F-15E Mission Training Centers (MTC). Work related to the deal is scheduled to be over by Sep 30, 2020. Boeing's F-15 Strike Eagle is a twin-engine, all-weather tactical fighter aircraft. Its proven design is unbeatable in air-to-air combat, with more than 100 aerial combat victories.

Valued at $11.5 million, the contract was awarded by the Air Force Life Cycle Management Center, Wright-Patterson AFB, Ohio. Per the terms of the deal, the company will implement Mission Planning-18 (MP-18) into F-15C and F-15E MTCs to be compliant with Combat Air Force Distributed Mission Operations standards updates. The MP-18 updated changes will be installed in to the F-15C and F-15E trainers.

Work will be executed at Seymour Johnson Air Force Base, NC; Mountain Home AFB, ID; Langley AFB, VA; Kadena AB, Japan; and RAF Lakenheath, England. The company will utilize fiscal 2018 operations and maintenance funds to complete the task.

Related Links:

Fed On Center Stage As Jackson Hole Meeting Starts, With Powell Speech Friday

Leveraged ETF Gets A Lift UBS's Boeing Upgrade

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: contributor contributorsNews Contracts

 

Related Articles (BA)

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Podcast: Do Millennials Have A Love Affair With Stocks And Bitcoin?

A Look At The Problems, Prospects For Crypto Miner Bitmain's Proposed IPO