Boeing Bags $13.4 Billion Contract from US Air Force

Boeing has secured a massive $13.4 billion contract from the US Air Force to supply equipment for foreign military sales, significantly increasing the company's total contract value.

The modification brings Boeing's ceiling contract from $5.7 billion to $19.1 billion and adds Foreign Military Sales (FMS) scope of work.

The contract involves FMS with Japan and Israel and will also include future country partners, but no funds were obligated at the time of award.