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McDonnell Douglas Corp., a wholly owned subsidiary of the Boeing Co., Long Beach, Calif., is being awarded a $23,005,000 (estimated) firm-fixed-price.


McDonnell Douglas McDonnell Douglas was a major American aerospace manufacturer and defense contractor, producing a number of famous commercial and military aircraft. It merged with Boeing in 1997 to form The Boeing Company.  Corp., a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of the Boeing Co., Long Beach, Calif., is being awarded a $23,005,000 (estimated) firm-fixed-price, time and material contract modification to provide for computer software upgrade and engineering services. This effort supports the B-1B aircraft. At this time, $2,912,611 of the funds has been obligated ob·li·gate  
tr.v. ob·li·gat·ed, ob·li·gat·ing, ob·li·gates
1. To bind, compel, or constrain by a social, legal, or moral tie. See Synonyms at force.

2. To cause to be grateful or indebted; oblige.
. This work will be complete December 2002. The Oklahoma City Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm  Air Logistics Center, Tinker Air Force Base, Okla., is the contracting activity (F34601-99-C-0001).
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:McDonnell Douglas Corp., a wholly owned subsidiary of the Boeing Co., Long Beach, Calif., is being awarded a $23,005,000 (estimated) firm-fixed-price.
Publication:EDP Weekly's IT Monitor
Article Type:Brief Article
Geographic Code:1USA
Date:Apr 29, 2002
Words:78
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