Boeing's F 15 Bonanza: A Mixed Bag for Investors The Department of War's recent award of a $131. 23 billion contract to Boeing for the F 15 Eagle Crest program has sent shockwaves through the defense industry and beyond.
The contract appears to be a major coup for Boeing, providing its defense unit with a decade long revenue stream and bolstering its credibility as a global player.
However, this contract is more complex than initially meets the eye. It's an indefinite delivery/indefinite quantity (IDIQ) contract that sets a cap on potential spending over the life of the agreement.