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Investing.com -- The U.S Department of Defense has awarded a $133.5 million contract to The Boeing Co (NYSE:BA)., based in St. Louis, Missouri. The deal is a modification to a previous order and involves expanding the scope of the P-8A training systems project.
Under this contract, Boeing is set to procure phase two software development, integration, and device installation for the South Korean government. The package includes one operational flight trainer, one weapons tactics trainer, one maintenance electronic classroom, and one training system support center. The contract also covers the provision of electronic classroom instructor-led training.
In addition to the training systems, the contract also includes logistics, engineering, and management technical support. These services are necessary for the procurement, construction, inspection, and acceptance of the hardware for the P-8A training systems.
The work will be primarily undertaken in St. Louis, Missouri, which will account for 80% of the project, while the remaining 20% will be carried out in Pohang, South Korea. The project is expected to be completed by October 2028.
The contract is funded by Foreign Military Sales funds, with the full amount of $133.5 million to be obligated at the time of the award. None of the funds will expire at the end of the current fiscal year.
The contract was not competed, and the Naval Air Warfare Center Training Systems Division in Orlando, Florida, is the contracting authority.
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