This is interesting...
Boeing wins Navy drone contract, potentially worth billions of dollars
Aug. 30, 2018 6:20 PM ET|About: The Boeing Company (BA)|By: Carl Surran, SA News Editor
Boeing (NYSE:BA) wins a major contract to build new MQ-25A Stingray drones for the U.S. Navy that will fly from aircraft carriers to refuel combat jets, the Department of Defense announces.
Boeing beat out Lockheed Martin (NYSE:LMT) and General Atomics to secure an initial $805M contract to build the first four Stingrays for the Navy, which plans to buy an additional 72 of the drones for a total program cost of ~$13B.
Analysts have said the program could give the winner an advantage in developing future unmanned systems for the military.
Boeing had not won a major new Pentagon program in a competition since securing a deal in 2011 to build aerial tankers for the Air Force; the company was the sole bidder to build the jets that will fly as the future Air Force One.
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