Boeing Wins 3 Foreign Military Contracts From DOD and 2 Other Dow Movers To Watch
Boeing Co. (NYSE:BA): Current price $102.83
Boeing said it received three foreign military sales contracts from the Department of Defense. All told, the contracts have a value of $132.6 million, with the largest having a total value of $109.5 million. That deal involves services to support the Royal Saudi Land Force Aviation Command, a modification to a contract previously awarded. In the second contract, Boeing was awarded a $15.5-million modification, which requires the defense contractor to provide Apache Block III aircraft to Saudi Arabia. As for the third, a minor firm-fixed-price FMS contract permits Boeing to supply sustainment services for Apache AH-64D attack helicopters operated by the Dutch military. That contract has a value of $7.7 million.