Kuwait is expected to announce in coming weeks an order for 28 Boeing Co (BA.N) F/A-18E/F Super Hornets, a $3 billion-plus deal that will keep the jets' St. Louis production line running well into 2019, according to people familiar with the deal.
The Kuwait order, as well as separate moves by lawmakers to approve the U.S. Navy's request for 12 extra Super Hornets, should now provide sufficient comfort for Boeing to bet its own money to extend its St. Louis production line. It is currently slated to shut down at the end of 2017.
Boeing spokeswoman Caroline Hutcheson said a near-term Middle Eastern order and congressional funding for 12 more Super Hornets would allow the company to continue delivering jets without a break in the production line.
She said both elements were needed, cautioning against any assumption that the Kuwaiti order alone would suffice to keep the line running beyond the end of 2017.
AoA aside, seems like some dollars might be changing hands soon?