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Air Force

Air Force Awards Boeing $11.4 Billion Saudi Arabia F-15 Contract

Monday, March 12th, 2012

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The Air Force awarded Boeing [BA] an $11.4 billion contract to provide Saudi Arabia with 84 of its own advanced variant of the F-15 as well as systems and munitions, the Defense Department said last week. The firm-fixed-price, cost-plus-fixed-fee, time-and-materials contract action covers development and procurement efforts for the 84 new aircraft: the F-15SA. Work will be performed in El Segundo, Calif., Ocala, Fla., and Cedar Rapids, Iowa and is expected to be completed October 2020. Wright-Patterson AFB, Ohio, is…

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