The Boeing Company BA is strengthening its defense business as the U.S. Air Force and international customers continue to invest in aerial refueling and military transport capabilities. The company recently received a significant increase in the ceiling of its KC-46 Pegasus contract, expanding its opportunity to support the aircraft's growing international customer base. The Air Force raised the maximum value of Boeing's KC-46 contract to $19.1 billion from $5.7 billion, adding $13.4 billion to accommodate additional Foreign Military Sales to Japan, Israel and potential future customers.
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