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Boeing Lands 1.16B C-17 Contract

Mon, 08/24/2009 - 4:32am

WASHINGTON (AP) — Aerospace manufacturer Boeing Co. received a nearly $1.16 billion contract boost for the C-17, a large military transport aircraft, the Pentagon said late Friday.

The deal will provide for program management, logistics, depot level aircraft maintenance and more for the C-17.

Shares of Chicago-based Boeing added $1.13, or 2.5 percent, to close at $45.87.

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