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Business/Financial

Boeing To Gain New Sole Source Ground-based Midcourse Defense Contract

DDN

Wednesday, March 26th, 2008

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By Dave Ahearn The Missile Defense Agency (MDA) will negotiate a sole-source contract for Boeing [BA] to continue leading the Ground-based Midcourse Defense program, according to an MDA notice Friday and Boeing officials who spoke yesterday. They declined to specify the possible dollar amount of the new contract, saying that Boeing now is in a "quiet period" when officials can't discuss revenue/earnings numbers. That new core completion, cost-plus-award-fee contract would subsume an existing contract that Boeing already holds, to be…

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