Boeing Gets $2B Contract For Plane Maintenance

NEW YORK (AP) — The Boeing Co. said Wednesday that it has been awarded a $2 billion contract from the Defense Department to help the Air Force maintain its fleet of 246 C-17 cargo planes.

Boeing said that the contract includes ensuring that spare parts are available for the planes as well as maintenance on the aircraft.

It covers fiscal years 2013 through 2017.

Boeing shares fell 30 cents to end at $70.34 amid a broad market decline.

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