BA Boeing Co

   By Stephen Nakrosis 
 

The Pentagon said Friday that Boeing Co. (BA) received a $4.14 billion modification to its existing contract with the Missile Defense Agency.

This modification brings the total cumulative value of the contract, including options, to $10.79 billion.

The contract calls for the delivery of a new missile field with 20 silos and two additional silos in a previously constructed missile field at Fort Greely, Alaska, the Pentagon said.

The Pentagon said Boeing and its subcontractors demonstrated special capabilities and/or expertise, adding no other companies would have been able to satisfactorily perform the required services without unacceptable delays in fulfilling the agency's requirements.

-Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

March 22, 2019 18:12 ET (22:12 GMT)

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