Boeing Wins Contracts for F-18 Parts, Satellite Surveillance

As the week wound down, Boeing (NYSE: BA  ) claimed a pair of contract wins from the Pentagon on Thursday, worth nearly $20 million combined.

The larger award, for $10.9 million, was an option exercise on a cost-plus-award-fee contract to provide logistical support, analysis, and Type III anomaly support for the Space Based Space Surveillance Block 10 System. SBSS is a satellite-based system for tracking debris, spacecraft, and other space objects beyond Earth's atmosphere and free from interference from weather, atmosphere or time of day. Ball (NYSE: BLL  ) Aerospace built the satellite itself and its sensors, while Boeing has overall responsibility for the system. The current contract option runs through Dec. 20.

Boeing's smaller contract win was a $9 million firm-fixed-price delivery order against a previously issued Basic Ordering Agreement, whereby Boeing will supply 30 retrofit kits, including radomes for the AN/APG-79 active electronically scanned array radar, for installation aboard Navy F/A-18 E/F aircraft. Work on this contract should be complete by January 2016.

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Rich Smith

I love things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.

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