Investing.com - Boeing Co. (NYSE: BA) was awarded a $49,500,000 indefinite-delivery/indefinite-quantity contract for Air Launched Cruise Missile controller remanufacture, the U.S. Department of War announced today.

The contract covers production test sets and remanufacture of controllers required to sustain the ALCM. Work will be performed in Heath, Ohio, and Fort Walton Beach, Florida.

The project is expected to be completed by June 29, 2033. The award was a sole-source acquisition.

Fiscal 2026 missile procurement funds in the amount of $2,867,534 are being obligated at the time of award. Air Force Nuclear Weapons Center, Tinker Air Force Base, Oklahoma, is the contracting activity.

The contracting activity number is FA8128-26-D-B002.