Boeing Bags Record $131 Billion Military Contract for F-15 Fighter Jets

Boeing has secured a massive new US military contract worth up to $131.23 billion, which could provide more than a decade of work for its F-15 fighter jet business.

The US Department of War awarded Boeing an indefinite-delivery/indefinite-quantity contract for the F-15 Eagle Crest program, covering production, systems integration, modernization, upgrades, retrofits, sustainment and depot maintenance. The work will primarily take place in St. Louis, Missouri, and could continue through August 2037.

The $131 billion figure is the contract's ceiling, not a guaranteed amount of money Boeing will receive. Only $343,740 in fiscal 2026 research funding was obligated when the contract was awarded. Boeing's eventual revenue will depend on orders placed under the agreement.