The description says $184.9 million; the contract says $7.47 billion - the record captures only the first step (Boeing)
A contract to Boeing awarded by the U.S. Army, obligating about $7.47 billion. The description records an advance procurement of $184,930,000 supporting Lot 7 full-rate production long lead items.
Contract key facts
- RecipientBoeing
- Contract value$7,473,242,017 (≈$7.47B)
- BranchDefense-wide
- Awarding agencyDepartment of Defense
- Awarding sub-agencyDefense Contract Management Agency
- Award typeDEFINITIVE CONTRACT
- Period of performance2016-03-21 〜 2027-08-31
- Contract ID (PIID)W58RGZ16C0023
Contract scope (original)
W58RGZ-16-C-0023 IS FOR THE AWARD OF ADVANCE PROCUREMENT IN THE AMOUNT OF $184,930,000.00 TO SUPPORT LOT 7 FULL RATE PRODUCTION LONG LEAD ITEMS.
Key points
- The description records an advance procurement of $184.93 million while the obligated amount is about $7.47 billion - roughly forty times.
- A description records the content at signature; modifications and additions accumulating later do not appear in it.
- Taking amounts from the description when processing public data mechanically underestimates scale badly.
- Amounts come from the amount field; the description is a clue to what the contract is for.
- Long lead items take a long time between order and delivery and cannot wait for production to start.
- Of the 207 records this site holds as of 2026-09-02, 23 carry the phrase long lead, totalling about $219.2 billion.
1The amount in the description does not match the contract
The description here concerns an advance procurement of $184.93 million. The obligated amount field reads about $7.47 billion. The gap is roughly forty-fold, and it is not an error.
A description records the content at the time the contract was signed; modifications and additions accumulating afterwards do not appear in it. A contract is a living thing, and where scope widens mid-period the obligated amount grows while the wording can stay as first written.
2A trap in reading public data
Where public data is processed mechanically, taking the amount from the description would value this record at one fortieth of its size. Amounts come from the amount field; the description is a clue to what the contract is for. The two have to be read differently.
3Advance procurement and long lead items
Long lead items are components that take a long time between order and delivery - engines, airframe structures, certain electronics - which cannot wait for production to start. Advance procurement secures them ahead of the main production contract. Of the 207 defense contracts this site holds as of 2026-09-02, 23 carry the phrase long lead, totalling about $219.2 billion.
How much the length of a production cycle shapes the accumulation of amounts can be read from how widely that phrase appears.
Why it matters
Where public data feeds analysis, a mismatch between description and amount field bears directly on quality. Extracting amounts from descriptions drops what accumulated through modification and understates scale. Large defense contracts frequently run beyond ten years, which makes wording at signature and the current amount especially likely to diverge.
FAQ
Why does the description amount differ from the contract amount?
What are long lead items?
Why are outlays zero?
Sources (primary)
This article is an independent organization based on the U.S. official spending data below. Verify the exact, latest details with the official source.
- USAspending (award details)
- Contract ID (PIID)：W58RGZ16C0023