The Boeing Company [NYSE: BA] has received a $307 million U.S. Air Force contract extension to continue providing logistics support and other services to the nation's KC-10 Extender aerial refueling tanker fleet.

The current Contractor Logistics Support (CLS) contract expired at the end of January. The extension allows Boeing KC-10 support to continue uninterrupted until a new competitive contract is awarded this summer. Boeing submitted its bid for that work in December 2007. Under the KC-10 CLS program, Boeing provides depot-level maintenance and modifications, supply chain management and other critical support tasks to the Air Force from its San Antonio, Texas, facility.

"Boeing and its team offer the most experience available to work on the KC-10," said Mike Wright, Boeing KC-10 program director. "We continue to put that experience to work, providing readiness 24/7 to our nation's warfighters."

The Boeing-led KC-10 CLS team includes more than 450 suppliers and partners who have supported the KC-10 Extender since it entered service. The Boeing team has provided depot-level maintenance for the fleet more than 700 times under the current CLS contract. The Air Force operates nearly 60 KC-10 aircraft. Due to their high operational tempo, the aircraft must be serviced regularly to help satisfy mission requirements at home and abroad.

"We are committed to continuing our strong performance and meeting our customer's needs without service interruptions that could impact the readiness of the KC-10 and its support of the Global War on Terror," said Wright.