Boeing Wins $250 Million Pentagon Contract

Plane maker's McDonnell Douglas Corp. got a one-year contract from U.S. Special Operations Command worth $250 million for an unmanned aircraft system.

WASHINGTON (AP) -- Boeing Co.'s McDonnell Douglas Corp. got a one-year contract from U.S. Special Operations Command worth $250 million for an unmanned aircraft system, the Pentagon said late Wednesday.

The contract is for a mid-endurance unmanned aircraft system that can provide intelligence, surveillance and reconnaissance services to commanders on the ground for use in the current wars in Iraq and Afghanistan. The deal comes with four one-year options to extend the contract.

Shares of the Chicago-based company added 71 cents to $41.26 in late morning trading Thursday.

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