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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
TMFDitty

As a defense writer for The Motley Fool, I focus on defense and aerospace stocks. My job? Every day of the week, I'm monitoring the news, figuring out the winners and losers, and tracking down the promising companies for you to invest in. Follow me on Twitter or Facebook for the most important developments in defense & aerospace, and other great stories.

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