The U.S. Department of Defense announced 14 new contracts Thursday, worth more than $640 million, potentially. By far the largest of these awards was a construction contract being split among six smallish construction companies, but the second largest contract went directly to the nation's biggest defense contractor: Boeing .
According to the Pentagon, Boeing is being awarded a "modification" of an existing firm-fixed-price, option-filled, foreign military sales (FMS) contract to supply Block III Apache AH-64D attack helicopters to the Taiwanese military.
Valued at $92.3 million, this contract modification lifts the size of the underlying Apache contract past $716 million in total value.
The article Boeing Lands $92 Million Taiwan Helo Contract originally appeared on Fool.com.
Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.