Reuters:

The U.S. Air Force plans to buy 26 Boeing Co (BA.N) E-7A airborne early warning and control (AEW&C) planes to replace its ageing fleet of E-3s, the Department of the Air Force said on Tuesday, as it announced a contract worth up to $1.2 billion.

The E-7A, introduced in 2009, can track and provide data for airborne targets in real time, and will be able to control and direct individual aircraft, Boeing said.

Click here to read more