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 by James Laporta Washington (UPI) Dec 18, 2017
The Boeing Co. has been awarded a modified contract by the U.S. Air Force in support of AC-130U gunships. The $18.1 million deal, announced Friday by the Department of Defense, comes under the terms of a cost-plus-fixed-fee contract, which provides for cost-reimbursement if overrun costs are accumulated during execution of the contract. The AC-130U gunships, nicknamed "Spooky," are used for close air support missions, along with air interdiction and armed reconnaissance. The aircraft has 40mm and 105mm cannons and a 25mm Gatling gun. The contract calls for "integrated sustainment support" with an option for continuation of services that includes development, modification, sustainment and maintenance, which can bring the overall cost of the deal to more than $55 million. Work on the contract will occur in Florida, Afghanistan and Kuwait, according to the Pentagon, and is expected to be complete by December 2018. Boeing has been obligated $5.9 million from Air Force fiscal 2018 operations and maintenance funds at the time of award.
Lockheed Martin meets F-35 production targetWashington (UPI) Dec 22, 2017 Lockheed Martin has met government and industry targets for the year, delivering 66 F-35 Lightening II fighters to the U.S. and foreign customers, the company announced on Monday. "Meeting our 2017 delivery commitment is a testament to the hard work and dedication of our joint government and industry team to deliver the transformational F-35 air system to the warfighter," Lockheed Marti ... read more Related Links Aerospace News at SpaceMart.com
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