Boeing wins $21 million contract for Engineering Sustainment from US

Boeing today announced that the U.S. Air Force has exercised a $21.7 million option for the company to continue supporting the B-52 Stratofortress bomber under an Engineering Sustainment Program (ESP) contract that Boeing received in June 2009. Under the terms of the $750 million, 10-year ESP contract, Boeing will continue to perform engineering assignments that maintain the B-52 as a ready, reliable and viable asset to the Air Force. "This is the second exercised option of the ESP agreement, which includes an initial contract and nine options," said Mike Houk, manager of B-52 Fleet Support for Boeing. "This option allows us to continue supporting our customer by sustaining, modernizing and upgrading the B-52 to ensure that the aircraft continues to meet its mission."