The Air Force last week awarded Boeing $4 billion toward the company’s ongoing activities to upgrade Saudi Arabia’s fleet of 70 F-15s to the new “SA” standard. This F-15 model includes an advanced electronically scanned array radar, among its modern features. Work under this new contract is scheduled for completion by the end of 2019, according to the description in the Pentagon’s list of major contracts for Nov. 2. This award builds upon a $1.8 billion contract awarded in June for these conversions, which fall under the larger $29.4 billion foreign military sales deal with the Saudis that also includes Boeing supplying 84 new-build F-15SAs. In March, Boeing received $11.4 billion towards its work on the new fighters.
Disasters strike without warning, leaving destruction in their wake. Many assume disaster insurance is only necessary for those living in high-risk areas, but the truth is, 97% of the U.S. population lives in a county covered by a federal disaster declaration...