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Investing.com -- Boeing Co (NYSE:BA). has been awarded two defense contracts totaling approximately $71.8 million for military support services.
The first contract, valued at up to $49.67 million, was awarded to Boeing’s St. Louis, Missouri division for F-15 Foreign Military Sales sustainment services for the Royal Saudi Air Force. The letter contract covers logistical support including repair and return of unclassified items for Saudi Arabia’s F-15 C/D/S and SA components.
Services under this agreement include repair, refurbishment, and replacement of aerospace ground equipment, special purpose vehicles, and fire and safety vehicles. The contract also covers spares, maintenance, procurement of support equipment, aircraft integration, and training.
Work will be performed in St. Louis, Missouri and Saudi Arabia, with completion expected by June 20, 2026. The Air Force Life Cycle Management Center at Robins Air Force Base in Georgia is managing the contract, which was awarded as a sole source acquisition. Foreign Military Sales funds of $23.23 million have been obligated at the time of award.
In a separate agreement, Boeing’s El Segundo, California division received a $22.16 million modification to an existing contract for a one-year extension of RedLAN sustainment and support. This modification increases the total contract value to $392.03 million.
The RedLAN work will be performed in Colorado Springs, Colorado, with the performance period also extending through June 20, 2026. The Space Systems Command at Peterson Space Force Base in Colorado is overseeing this contract, which was awarded on Friday.
For this second contract, $4.1 million in fiscal 2025 operations and maintenance funds and $2 million in fiscal 2025 research, development, test and evaluation funding have been obligated.
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