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Navy awards Boeing $562M contract

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The U.S. Navy has awarded Boeing a $562 million contract.

The contract is for low-rate initial production of three MQ-25A Stingray unmanned aerial refuelers.

"We remain committed to providing stability and consistent execution of the production system to fulfill our commitments to the fleet," said Troy Rutherford, MQ-25 program vice president.

Read more from NavalToday.

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