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Boeing, Textron Given Shots At $475 Million SOCOM Drone Services Contract

Boeing, Textron Given Shots At $475 Million SOCOM Drone Services Contract
The ScanEagle is a catapult launched UAV. Photo: Boeing.

U.S. Special Operations Command (SOCOM) on June 7 announced that Boeing’s [BA] Insitu unmanned systems arm and Textron’s [TXT] AAI Corp. both share in a multiple-award contract for providing unmanned aircraft services to forces around the globe through 2022.Both companies were awarded contracts that initially pay out $150,000 in fiscal 2017 funding. The contracts include a 54-month base performance period followed by four year-long ordering periods and a final six-month order period. The total scope of mid-endurance unmanned aircraft systems…

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