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Boeing to Support F/A-18E/F Super Hornet
Boeing (NYSE: BA) has been awarded a $71 million contract to support the U.S. Navy's F/A-18E/F Super Hornet fleet. The contract, which was announced last week, will cover maintenance and support services for the aircraft.
This is good news for Boeing, as the Super Hornet is one of the company's most popular aircraft. The deal will help ensure that the aircraft remains in service for years to come.
The Super Hornet is a twin-engine fighter jet that is used by the U.S. Navy and Marine Corps. It is capable of carrying a variety of weapons and can be used for both air-to-air and air-to-ground missions.
The aircraft has been in service since 1999, and over 500 have been built. Boeing has delivered over 400 of those aircraft to the U.S. Navy.
The $71 million contract is just a drop in the bucket for Boeing, but it is still a significant win for the company. It shows that the U.S. Navy is still committed to the Super Hornet, and that Boeing is still the go-to company for supporting the aircraft.
This contract is also a good sign for the future of the Super Hornet.
Boeing to support F/A-18E/F Super Hornet, a deal won at $71 million last week
The agreement includes providing engineering and technical services to the US Navy. Boeing will also support the international fleet of Super Hornets, which includes those operated by the Australian, Kuwaiti and Royal Saudi air forces. The F/A-18E/F Super Hornet is a twin-engine, carrier-capable fighter jet. It has a top speed of Mach 1.8 and can carry a variety of missiles and bombs. The Super Hornet entered service in 1999 and has been used in combat operations in Afghanistan, Iraq and Syria.
What the deal means for Boeing
The deal includes providing spare parts, technical support, and engineering services. This is a win for Boeing, as it keeps them involved in the Super Hornet program and ensures that the aircraft remains operational. It also shows that Boeing is still competitive in the defense market. This deal is a good sign for the future of Boeing's defense business.
What the deal means for the U.S. Navy
The aircraft, which is a twin-engine fighter jet, is used by the U.S. Navy and Marine Corps. The deal will see Boeing provide support for the aircraft, which includes maintenance and repairs. The deal is a boost for Boeing, as it comes at a time when the company is facing criticism over the grounding of its 737 Max aircraft. The deal is also a boost for the U.S. Navy, as it will help to ensure that the aircraft are able to continue to be used by the Navy and Marine Corps.
What the deal means for the F/A-18E/F Super Hornet
The deal, which was won at $71 million last week, will see Boeing support the F/A-18E/F Super Hornet. The move will help to keep the aircraft in service until 2040 and beyond. The F/A-18E/F Super Hornet is a twin-engine, carrier-based fighter jet designed to operate from both land bases and aircraft carriers. It is capable of carrying a variety of weapons, including air-to-air and air-to-surface missiles, and can be equipped with an internal 20mm cannon. The aircraft has a top speed of Mach 1.8 and a range of more than 2,000 miles.
Other Sources: Chart Source: Yahoo Finance | Reported by: Zacks Equity Research, Nasdaq | Photo Source: Zacks Equity Research
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