BA · News · 20260915N
Defense Contract Awards
BOEING CO · 2026-09-15 · Importance 89 · Surprise 82 · From source text
The U.S. Air Force increased the ceiling of a 2019 Boeing contract from $5.7 billion to $19.1 billion, a $13.4 billion expansion. The contract supports KC-46 Pegasus military sales to Japan, Israel, and future partners. The work covers post-production requirements, including cargo, personnel, and aeromedical transportation capabilities, and is expected to continue through 2035 in Seattle.
Key facts
- The U.S. Air Force increased the ceiling of a 2019 contract with Boeing Co. from $5.7 billion to $19.1 billion. source
- The US Navy awarded Boeing a $562 million Fixed Price Incentive contract for the first lot of MQ-25A Stingray Low Rate Initial Production (LRIP). source
- Initial deliveries of the MQ-25A Stingray under the LRIP contract are expected to begin in 2029. source
- The expanded Air Force contract provides support for KC-46 Pegasus military sales to Japan, Israel, and future partners and covers post-production requirements for the aerial refueler. source
- Work under the expanded Air Force contract is expected to be completed by 2035 in Seattle. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | committed | +46.4% | The U.S. Air Force increased the ceiling of a 2019 contract with Boeing Co. from $5.7 billion to $19.1 billion. |
| revenue | positive | committed | +1.9% | The US Navy awarded Boeing a $562 million Fixed Price Incentive contract for the first lot of MQ-25A Stingray Low Rate Initial Production… |
| revenue | positive | probable | — | Initial deliveries of the MQ-25A Stingray under the LRIP contract are expected to begin in 2029. |