{"id":2224,"date":"2013-09-27T10:59:15","date_gmt":"2013-09-27T16:59:15","guid":{"rendered":"http:\/\/peaceeconomyproject.org\/wordpress\/?p=2224"},"modified":"2013-09-27T10:59:15","modified_gmt":"2013-09-27T16:59:15","slug":"boeing-wins-118-6m-dod-contracts-analyst-blog","status":"publish","type":"post","link":"https:\/\/peaceeconomyproject.org\/wordpress\/boeing-wins-118-6m-dod-contracts-analyst-blog\/","title":{"rendered":"Boeing Wins $118.6M DoD Contracts – Analyst Blog"},"content":{"rendered":"

by\u00a0Zacks.com<\/a>, NASDAQ
\nclick here for original article<\/a><\/p>\n

Aerospace giant\u00a0The Boeing Co.<\/strong>\u00a0(\u00a0BA<\/a>\u00a0) won four contracts from the U.S. Department of Defense (DoD) on Sep 25, 2013 with a total value of $118.6 million.<\/p>\n

Per the first contract, worth $57.4 million, Boeing achieved a delivery order under a previously awarded performance based logistics contract to supply various parts required for the repair of the AV-8 aircraft for the Navy. Work on this contract will be performed in St. Louis, Mo. with deliveries scheduled to be completed by Sep 30, 2014.<\/p>\n

The second contract calls for Boeing to perform non-recurring engineering, fabrication, inspection, and testing work on 10 pre-production Operational Test Program Sets to be used on the EA-18G Growler electronic warfare aircraft. With a value of $41.8 million, this contract is a cost-plus-fixed-fee delivery order that runs through Aug 2018. Work on this contract will be performed in St. Louis, Mo.<\/p>\n

The next contract, worth $9.7 million, is a cost-plus-fixed-fee delivery order to provide the necessary services to assess and dispose of non-avionics systems on the T-45 Subsystems Service Life Assessment Program. This would ensure that the T-45 Goshawk training jet planes remain operational through their expected life expectancy of 2035. This operation should be completed by July 2016.<\/p>\n

Lastly, Boeing achieved an approximately $9.7 million contract to supply 100 additional composite horizontal stabilators (CHS) and one tool string to the U.S. Army. This is a firm-fixed-price, non-option-eligible, non-multi-year modification contract.<\/p>\n

The series of defense contracts proves that the defense behemoths are to some extent immune to the threat of sequestration. Defense players like Boeing,\u00a0Lockheed Martin Corp.<\/strong>\u00a0(\u00a0LMT<\/a>\u00a0),\u00a0Northrop Grumman Corp.<\/strong>\u00a0(\u00a0NOC<\/a>\u00a0) and\u00a0Raytheon Co.<\/strong>\u00a0(\u00a0RTN<\/a>\u00a0) are doing well even in trying times. Small contracts doled out by the DoD have kept alive the revenue stream of these companies.<\/p>\n

Boeing presently retains a short-term Zacks Rank #3 (Hold). Among the stocks worth considering in the defense space are Zacks Ranked #2 (Buy) Lockheed Martin and Northrop Grumman.<\/p>\n","protected":false},"excerpt":{"rendered":"

by\u00a0Zacks.com, NASDAQ click here for original article Aerospace giant\u00a0The Boeing Co.\u00a0(\u00a0BA\u00a0) won four contracts from the U.S. Department of Defense (DoD) on Sep 25, 2013 with a total value of $118.6 million. Per the first contract, worth $57.4 million, Boeing achieved a delivery order under a previously awarded performance based logistics contract to supply various […]<\/p>\n","protected":false},"author":1,"featured_media":2225,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[8],"tags":[],"class_list":["post-2224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/peaceeconomyproject.org\/wordpress\/wp-content\/uploads\/2013\/09\/Boeing-Logo-Pictures.jpg?fit=330%2C375&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/2224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/comments?post=2224"}],"version-history":[{"count":1,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/2224\/revisions"}],"predecessor-version":[{"id":2226,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/posts\/2224\/revisions\/2226"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/media\/2225"}],"wp:attachment":[{"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/media?parent=2224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/categories?post=2224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peaceeconomyproject.org\/wordpress\/wp-json\/wp\/v2\/tags?post=2224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}