September 16, 2011 at 10:58 pm
Air Force Awards Boeing Contract

The Boeing Company (BA – Analyst Report) received a $1.09 billion contract modification from the U.S. Air Force. The contract modification is for the existing Block II follow-on contract for full production, launch and on-orbit activation of the seventh Wideband Global SATCOM (“WGS”) satellite and procurement of long-lead materials for an eighth satellite.