Key facts
- Boeing received a $131.23 billion indefinite-delivery/indefinite-quantity contract for the F-15 Eagle Crest program.
- The contract spans aircraft production, systems integration, upgrades, and sustainment.
- Work is expected to be completed by August 2037.
- The contract includes provisions for foreign military sales to several allied nations.
- The U.S. is also reportedly considering new tariffs on Chinese goods.
The U.S. Department of War has awarded Boeing a substantial $131.23 billion indefinite-delivery/indefinite-quantity (IDIQ) contract to support the F-15 Eagle Crest program, which encompasses the F-15 fighter aircraft fleet. This extensive agreement includes aircraft production, systems integration, upgrades, and sustainment, with a focus on maintaining mission readiness for the U.S. Air Force, Air National Guard, and other Department of War customers.
The work is scheduled to be performed in St. Louis, Missouri, with an expected completion date of August 2037. The ordering period for the contract extends through August 24, 2031, with an option to prolong it until August 24, 2036. The contract also facilitates Foreign Military Sales to several international partners, including Japan, Israel, Saudi Arabia, South Korea, Singapore, Indonesia, and Poland. The award was made on a sole-source basis.
In parallel, the U.S. administration is reportedly considering imposing a 7.5% tariff on Chinese goods as leverage ahead of a meeting with President Xi Jinping. Concurrently, Treasury Secretary Scott Bessent announced "Operation Economic Outcast," a significant secondary sanctions campaign targeting five key Iranian sectors: digital assets, technology, gold, aviation, and shipping, with the aim of isolating Iran's economy.