Boeing, U.S. Air Force Extend C-17 Sustainment Partnership with Phased Contract Valued at Up To $23.8 Billion
Source: Boeing Performance-based logistics agreement reduces support costs while adding work scope Boeing supports global fleet of 275 aircraft operated by the U.S. Air Force and eight global partners Boeing will continue assuring the C-17 Globemaster III's worldwide mission readiness through a follow-on contract awarded by the U.S. Department of Defense, valued at up to $23.8 billion including potential options and incentives over ten years. The program is currently funded through September 2024 with a Phase I award of $3.5 billion. Under the agreement, Boeing will continue performing critical sustainment activities, including engineering, field support, and material management, for the global fleet of 275 aircraft. The contract provides additional funding for new work scope such as international staffing to [...]