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Boeing awarded $687.61M government contract modification

Boeing is being awarded a $687.61M ceiling-priced modification to a previously awarded fixed-price-incentive-fee contract for the production and delivery of 15 fiscal 2013 F/A-18E aircraft in accordance with the aircraft variation in quantity clause. Work is expected to be completed in July 2015. Contract funds in the amount of $645.5M are being obligated on this award, none of which will expire at the end of the current fiscal year.