Boeing Wins $439.6M Contract From US Space Force; Ethiopian Airlines Orders Up To 20 Jets

Boeing Company BA has bagged a $439.6 million contract to build the 12th Wideband Global SATCOM (WGS) communications satellite for U.S. Space Force’s Space Systems Command.

The WGS constellation delivers vital high-capacity, secure, and resilient communications capabilities to the U.S. military and its allies.

The WGS’s beams provide assured connectivity through the Protected Tactical Enterprise Service (PTES) ground system and enhanced anti-jam communications. Boeing is currently building WGS-11 at its El Segundo, California site.

The anti-jam capability of Boeing’s new Protected Tactical Satcom Prototype payload will also be integrated on WGS-12. This will provide a second Protected Wideband Satellite to the U.S. military.

“Like WGS-11, the 12th WGS satellite will provide critical capabilities to our military with over 1,500 individually steerable, shapeable beams in the Ka band, ensuring tactical forces have resilient communications," said Michelle Parker, vice president of Space Mission Systems.

In another development, Ethiopian Airlines announced an agreement to purchase eight 777-9 passenger airplanes and the potential for up to 12 additional jets.

Also Read: Boeing And Spirit AeroSystems Under FAA Scrutiny For Quality Control Violations

Price Action: BA shares are trading higher by 0.67% at $201.88 on the last check Tuesday.

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