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Investing.com -- Boeing (NYSE:BA) has been awarded a cost-plus-fixed-fee contract worth $883,122,870 from the U.S. Army for cargo engineering and logistics support services.
The contract was awarded to Boeing’s Ridley Park, Pennsylvania facility after a competitive bidding process conducted via the internet, which received only one bid. The Army Contracting Command at Redstone Arsenal, Alabama is overseeing the contract.
Work locations and funding details will be determined with each order under the contract, which has an estimated completion date of July 31, 2030.
In a separate development, Boeing’s El Segundo, California facility received a $29,368,714 modification to a previously awarded contract for the Mobile User Objective System Service Life Extension (MUOS SLE) Phase I. This modification will support risk reduction and design activities before entering Phase II of the program.
The modification increases the total value of this contract to $95,309,979. Work will be performed at the contractor’s facility with completion expected by August 1, 2026.
The Space Systems Command at Los Angeles Air Force Base, California, is managing this contract, with $10,000,000 in fiscal 2025 research, development, test and evaluation funds being obligated at the time of the modification award.
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