Understanding Boeing's $2.6 Billion Contract for Two E-7A Airplanes

Reported about 2 months ago

The U.S. Air Force has awarded Boeing a $2.56 billion contract to develop two prototype E-7A planes intended for airborne early warning and control systems. This makes it the largest single contract recently awarded by the Department of Defense. The investment, although high compared to previous deals, reflects the Air Force's urgent need for rapid prototypes ahead of a production decision due in 2026, with potential future orders significantly increasing Boeing's revenue in the defense sector.

Source: YAHOO

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