Boeing will continue assuring the C-17 Globemaster III's worldwide mission readiness through a follow-on contract awarded by the U.S. Department of Defense, valued at up to US$23.8 billion including potential options and incentives over ten years. The program is currently funded through September 2024 with a Phase I award of US$3.5 billion.
Under the agreement, Boeing will continue performing critical sustainment activities, including engineering, field support, and material management, for the global fleet of 275 aircraft. The contract provides additional funding for new work scope such as international staffing to augment maintenance efforts and cyber security work statement.
This performance-based logistics (PBL) contract builds on more than two decades of successful C-17 sustainment, where Boeing has worked closely with the U.S. Air Force and global partners to maintain high mission-capability rates and continuously improve affordability. While sustainment costs typically rise as a fleet ages, Boeing will lower operating cost per-flight-hour for the global fleet under the new agreement.
