NASA Exercises Payload Processing Contract Option

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CAPE CANAVERAL, Fla. -- NASA is exercising its final option in the
Checkout, Assembly and Payload Processing Services contract known as
CAPPS.

The option is the second of two on the cost-plus-award-fee CAPPS
contract awarded to Boeing Space Operations Company of Titusville,
Fla., a wholly owned subsidiary of the Boeing Company. The option's
performance period is from Oct. 1, 2009 through Sept. 30, 2012, with
a maximum potential value of approximately $156.5 million.

The contract provides management and technical services in support of
payload processing requirements at NASA's Kennedy Space Center in
Florida for the International Space Station, space shuttle,
expendable launch vehicle, Constellation and other payload programs.
Boeing performs all aspects of payload processing, including
planning, safety and mission assurance, payload processing ground
systems support, space shuttle integration, launch and post-landing
activities.

Option 1 on the CAPPS contract began in October 2006 with a value of
$308.8 million. The base contract began in October 2002 with a value
of $359.4 million. The total maximum potential value of the CAPPS
contract with both options is approximately $824.8 million.

For information about NASA and agency programs, visit:

http://www.nasa.gov