Boeing officials say the company has picked up work on a new Air Force space effort and additional work under its long-standing contract to build Global Positioning System satellites. The new work involves defining the next-generation communications payload for a polar-orbiting satellite under a $1.5 million Air Force contract. For the GPS program, Boeing will build three more Block IIF satellites under a $138 million option.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.