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Money News

Boeing in potential $11.9 bln B-52 bomber deal - U.S.

WASHINGTON (Reuters) - Boeing Co received a potential $11.9 billion, eight-year U.S. Air Force contract for modernization of its B-52 Stratofortress bomber’s weapons systems, the U.S. Defense Department said on Wednesday.

No funds were committed with the contract announcement, the Pentagon said in its daily contract digest.

Boeing has been maintaining and modernizing the B-52 bomber for 55 years, including engineering services and upgrades to communication technology.

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