Boeing [BA] on Monday said its Global Services segment racked up $2.1 billion in potential new orders and agreements from commercial and government customers worldwide, including a nearly $1 billion deal with the U.S. Air Force for training services for the C-17 transport aircraft.
All in all, government orders and agreements are worth up to $1.4 billion and commercial orders are valued at nearly $700 million. Boeing said the agreements cut across the four capability areas of Boeing Global Services, which are supply chain, engineering, modifications and maintenance, digital aviation and analytics, and training and professional services.
The potential six and a half-year, $986 million contract with the Air Force for the C-17 program covers crew instruction and operate, sustain, modify and upgrade aircrew and maintenance training systems. Boeing built the Air Force’s C-17 fleet. L3 Technologies [LLL] was the incumbent on the C-17 training contract.
The Air Force also awarded Boeing a four-year contract to repair, support, configure and provide parts obsolescence management for F-15 radars. Boeing said it will provide engineering, customer training system analysis and integration of all radar through the service’s F-15 fleet. Boeing is the prime contractor for the F-15.
Boeing also signed a deal to provide performance-based logistics for the Royal Netherlands Air Force’s fleet of AH-64 Apache and CH-47 Chinook helicopters.
The service offerings for Boeing Global Services’ government customers are aimed at improving readiness and efficiency, Boeing said.
“Orders and agreements affirm that we’re delivering on our promise to make their assets and operations more efficient and less expensive and create new opportunities to bring them end-to-end solutions that only Boeing can offer,” Stan Deal, president and CEO of Boeing Global Services, said in a statement.
Boeing announced the new orders at the biannual Farnborough Air Show outside London. In addition to the defense deals, the company announced a number of commercial agreements for various services for its 737, 747, 767, and 787 aircraft.
Boeing Global Services reported $14.6 billion in sales in 2017 and the goal for the segment is to reach $50 billion in sales within 10 years. Boeing stood up the segment last July.