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Boeing gets $49.5M Air Force contract


Published : Thu, 01 Mar 2007 00:15
By : Agencies
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WASHINGTON (AP) - The U.S. Air Force on Wednesday awarded a $49.5 million contract to Boeing Co. for one Delta II launch vehicle to launch its final Global Positioning Satellite.

The contract includes funds for three stages to accommodate a variety of mission requirements, payload and a 40-inch graphite solid rocket motor.

The company will complete the work by September 2008.

Shares of Boeing gained 1 cent to $87.27 in aftermarket trading, after gaining 6 cents to close at $87.26 on the New York Stock Exchange.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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