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Stock impact report

‘Doomsday Plane' Contract for $13 Billion Goes to Sierra Nevada [BNN Bloomberg (Canada)]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: BNN Bloomberg
Closely held Sierra Nevada will proceed into development and production of what's now called the “Survivable Airborne Operations Center.” Work is expected to be complete by July 2036, according to a Defense Department statement. Sierra Nevada became the sole contender after Boeing Co., which made the E-4B, was dropped from the program late last year, according to Reuters, which said the company and the Air Force weren't able to reach an agreement on data rights and contract terms. A person familiar with Boeing's version of events said the company ended the negotiations when it was clear the contract was to be a fixed-price agreement with cost limitations. The current plane, also known as “Nightwatch,” serves as the National Airborne Operations Center for the president, the secretary of defense and the Joint Chiefs of Staff. “In case of national emergency or destruction of ground command and control centers, the aircraft provides a highly survivable command, control and communic Show less Read more
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