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FINANCIAL NEWS
Saudi Arabia awards Boeing USD4 billion contract for Saudi air force
03 Nov 2012
(MENAFN) Saudi Arabia has awarded Boeing Co a USD4 billion contract to modernize the Royal Saudi Arabian Air Force’s fighter jet fleet, Reuters reported.
According to the Pentagon, the procurement order covers conversion of 68 existing F15S jets to the new F15S-A configuration
The Pentagon added that the work would be implement at Robins Air Force Base in Georgia. Expected to be completed by December 31, 2019.
The contract also provides for four base stand-up kits, which include spares and support equipment needed to achieve operating capability for the fighter jets.
Altogether, about 150 new or converted F-15SA aircraft will be supported or maintained at four Saudi bases, according to information provided earlier by Robins.
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