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Boeing Wins $216-Million Pact for Work on Air Force Bomber

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(Bloomberg News)

Boeing Co. said Wednesday it won a $216-million contract from the U.S. Air Force to design and develop new defense electronics for the B-1B Lancer bomber.

Much of the work will be done in California by aerospace divisions that Boeing bought from Rockwell International Corp. last year. Rockwell was the lead contractor on the B-1B.

The new equipment will help the jet plane detect enemy missiles and aircraft more effectively, Boeing said.

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The contract covers the design, development and testing of the new equipment, which will take until 2002. Installation in the 95 B-1Bs in service will start in 2003.

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