Boeing in Line for $300 Million Contract to Support NATO

The U.S. Defense Security Cooperation Agency notified [link opens in PDF] Congress Wednesday of a planned "foreign military sale" of logistics support, equipment, parts, and training to an international consortium of NATO allies. According to DSCA, the value of the contract, if it is permitted to proceed, could reach $300 million. Boeing (NYSE: BA  ) would perform it.

DSCA coordinates military sales contracts between the U.S. and its allies and must get Congress' OK on such sales before they can proceed.

The consortium in question was not detailed in DSCA's notification to Congress, but was said to include allies in NATO and also Sweden and Finland. This consortium is seeking support under the NATO Airlift Management Program, which maintains and operates NATO-owned C-17s in support of NATO missions.

DSCA advises that providing this support "will contribute to the foreign policy and national security objectives of the United States by improving the military capabilities of NATO and furthering weapon system standardization and interoperability with U.S. forces."

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