(Image via Boeing)

Boeing Awarded $2.6 Billion for Fifth KC-46A Tanker Production Lot

Originally published on boeing.mediaroom.com.

The U.S. Air Force awarded Boeing [NYSE: BA] a $2.6 billion contract for 15 KC-46A tanker aircraft, spares, support equipment, spare engines and wing air refueling pod kits. With this fifth production lot, Boeing now is on contract for 67 KC-46 tankers.

Boeing received its first two production lots, for 7 and 12 aircraft, in August 2016. The third lot, for 15 aircraft, was awarded in January 2017; the fourth lot for 18 aircraft in September 2018.

“We’re honored to build the Air Force’s next-generation tanker and appreciate the importance of this program for our nation,” said Jamie Burgess, Boeing KC-46A tanker vice president and program manager. “This has been a milestone year for KC-46 and a big reason for that is our great partnership with the Air Force. We expect to accomplish great things together in the years to come.”

Boeing plans to build 179 of the 767-based refueling aircraft for the Air Force to replace its legacy tanker fleet. The company delivered the first tankers to the Air Force in January 2019.

Boeing received its initial contract in 2011 to design and develop the Air Force’s newest tanker aircraft. The KC-46A is a multirole tanker that can refuel allied and coalition military aircraft compatible with international aerial refueling procedures and can carry passengers, cargo and patients.

Boeing is assembling KC-46 aircraft at its Everett, Wash., facility and recently started production of the first KC-46 for Japan.

For more information on Defense, Space & Security, visit www.boeing.com. Follow us on Twitter: @BoeingDefense and @BoeingSpace.

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Certain statements in this release may be “forward-looking” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “anticipates,” and similar expressions are used to identify these forward-looking statements. Examples of forward-looking statements include statements relating to our future plans, business prospects, financial condition and operating results, as well as any other statement that does not directly relate to any historical or current fact. Forward-looking statements are based on our current expectations and assumptions, which may not prove to be accurate. These statements are not guarantees and are subject to risks, uncertainties, and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially from these forward-looking statements. As a result, these statements speak only as of the date they are made and we undertake no obligation to update or revise any forward-looking statement, except as required by federal securities laws. Specific factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, the effect of economic conditions in the United States and globally, general industry conditions as they may impact us or our customers, and our reliance on our commercial customers, our U.S. government customers, our suppliers and the worldwide market, as well as the other important factors disclosed previously and from time to time in our filings with the Securities and Exchange Commission.

 

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