The Pentagon last week awarded an $805 million contract to Boeing for the production of four MQ-25 Stingray engineering and manufacturing development models, according to Navy officials. The fixed-price-incentive-firm-target contract also has options -- not included in the $805 million valuation -- for three system demonstration test articles, valued at roughly $28 million each, Navy acquisition executive Hondo Geurts told reporters Aug. 30. The service's "cost position" for MQ-25 is a little more than $13 billion for both research and...
