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Air Force

Boeing, Air Force Modify FAB-T Contract To Fixed-Price

Monday, June 4th, 2012

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Boeing [BA] and the Air Force agreed to change their development contract for the service’s Family of Advance Beyond Line-of-Sight Terminals (FAB-T) to fixed-price, a Boeing spokesman said. “Following close coordination with our Air Force customer, Boeing has completed the transition of our FAB-T development contract to a firm-fixed price structure,” Boeing spokesman Matthew Billingsley said. “The Air Force and Boeing agreed to a fixed price contract arrangement that was cost constrained and had defined schedule milestones,” an Air Force…

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