Posted: Thu, Jan 1, 2004, 2:37 PM ET (1937 GMT)
NASA awarded Boeing on Wednesday an extension to an existing contract to cover assembly and support for the International Space Station. The extension to the On-Orbit Acceptance and Vehicle Sustaining services contract covers two years and nine months with a potential value of $1 billion. Four six-months options are also available that, if exercised, could bring the total contract value to over $1.6 billion. The contract is part of an ongoing restructuring of station contracts designed to consolidate the array of station work into a smaller number of contracts. Boeing has served as prime contractor for the US segment of the ISS for the last several years.

Related Links:

•  Florida Today article
•  AP article
•  Reuters article
•  Bloomberg News article (via Los Angeles Times)
•  NASA press release