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Boeing Secures $131 Billion F-15 Support Contract Including FMS for South Korea
Electronic Technology · Aerospace & Defense · yonhap_finance · 2026-08-25
The U.S. Department of Defense has awarded Boeing a $131 billion contract for F-15 fighter jet support, with provisions for international military sales to allies including South Korea.
What Happened
Contract Details: The U.S. Department of Defense has signed a massive contract with Boeing worth up to $131 billion over the next decade. The agreement follows an Indefinite Delivery, Indefinite Quantity (IDIQ) structure, allowing for flexible ordering of services and hardware.
Scope of Work: As part of the 'Eagle Crest' program, the deal covers aircraft production, system integration, performance upgrades, and maintenance support. It also includes the establishment of new maintenance facilities to ensure the operational readiness of the U.S. Air Force's F-15 fleet.
Timeline: Work will be primarily conducted in St. Louis, Missouri, with a completion date set for August 2037. The ordering period runs through August 2031, with an additional five-year extension option available.
International Impact: The agreement includes Foreign Military Sales (FMS) provisions for several nations, including South Korea, Japan, Israel, and others. This inclusion suggests that the South Korean Air Force will receive continued support and potential performance upgrades for its existing F-15K fleet.