The Boeing Company today received an indefinite delivery/indefinite quantity contract from the U.S. Air Force for B-52 Stratofortress weapon system modernization. The company released the following statement:"This B-52 modernization contract will include several delivery orders over an eight-year period. The Air Force announced a contract ceiling of $11.9 billion.
This is a contracting vehicle that will allow engineering sustaining contracts, studies, production and other activities to occur in support of the B-52.
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The South Korean government on Tuesday picked Hyundai Heavy Industries Co. as the contractor to build the country's next generation frigates.


























