Boeing Wins $122Mln for Navy Aircraft Spare Parts

Boeing won almost $123 million to provide aircraft spare parts for the US Navy, the Department of Defense said in a press release.

“The Boeing Company [of] St. Louis, Missouri has been awarded a maximum $122,800,001 delivery order against a five-year base contract with one five-year option period for aircraft spare parts,” the release stated on Tuesday.

Work on the contract will take place over the next three and a half years with an estimated performance completion date of December 30, 2020, the Defense Department added.