Boeing

The Boeing Company [NYSE: BA] has been awarded a U.S. Air Force contract worth up to $2 billion between 2007 and 2018 for engineering services and the manufacturing of 242 wing sets for the Air Force's A-10 fleet.

"We are pleased that the Air Force has recognized that Boeing has the skilled expertise, engineering know-how and the affordable solution to address the needs of the A-10 program," said Charles T. Robertson, vice president of Boeing Support Systems' Maintenance, Modifications and Upgrades division.

The A-10 wing replacement program calls for the replacement wing sets to be delivered in parts and kits for easy installation. Boeing has teamed with key suppliers to meet all the requirements presented by the A-10 contract, Robertson said. He added that the Boeing solution will allow the nation's A-10 fleet to fly at least 20 more years.

"This contract extends the life of a valuable platform that supports our warfighters in accomplishing their mission to defend freedom around the globe," Robertson said. "Employing our integration expertise and lean manufacturing techniques, we are well-prepared to meet the challenges presented in this contract."

The A-10, first introduced in 1976, is a twin-engine jet aircraft designed for close-air support of ground forces. The simple, effective and survivable single-seat aircraft can be used against all ground targets, including tanks and other armored vehicles.