Boeing Wins $131B F-15 Eagle Crest Contract With US Air Force

Boeing has been awarded a $131.23 billion indefinite-delivery/indefinite-quantity contract for the F-15 Eagle Crest program to support the U.S. Air Force, the Air National Guard, and other Department of Defense customers, with a framework that covers production, modernization, upgrades, sustainment, and depot maintenance capabilities. The contract, awarded on a sole-source basis, sets a maximum ceiling rather than guaranteeing full spending and encompasses Foreign Military Sales to seven allied nations, including Japan, Israel, Saudi Arabia, South Korea, Singapore, Indonesia, and Poland. Work will be performed in St. Louis, Missouri, and is planned to run through August 2037, with an initial ordering period through August 24, 2031 and an option to extend to August 2036. Only a small amount of funding was obligated at award for fiscal 2026, and the deal includes establishing in-house depot maintenance to strengthen readiness across the F-15 fleet. Reports note the announcement coincided with market reactions to Boeing’s stock, reflecting investor interest in the long-term program. The arrangement outlines a broad, long-term acquisition and support framework for the F-15 family, reinforcing U.S. and allied capability through various FMS channels.