Boeing Wins $500M Contract to Close Down C-17 Line
12:00 AM, July 9, 2012
The Boeing Co., Long Beach, Calif., is being awarded a $500,000,000 firm-fixed-price and cost-plus-fixed-fee contract for the C-17 transition to post production, which will provide for orderly transfer of C-17 production assets. The location of the performance is Long Beach, Calif. Work is to be completed by July 5, 2022. ASC/WLMK, Wright-Patterson Air Force Base, Ohio, is the contracting activity.
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Boeing will end production of its C-17 Globemaster III military transport aircraft in 2015 amid widespread budget cuts and sequestration, a senior executive said on the sidelines of the Dubai Air Show on Monday.