Despite fraud charges, Boeing secures E-7 aircraft deal with USAF [Video]

In a move that signals a rebound for Boeing’s defense vertical amidst recent turmoil, the US Air Force has secured a provisional deal with the aerospace giant for the E-7 Wedgetail aircraft. It marks Boeing’s first major victory since its guilty plea in the 737 MAX case earlier this month.

The provisional deal ensures quick production of prototypes as the Air Force replaces its E-3 Sentry aircraft. It follows reports of price disputes over the 737-based Wedgetail planes, Reuters reported.

“We have reached agreement with them. We haven’t quite definitized a contract with them, but we expect to do that in August. What we did was we brought back a former colleague of mine ….to negotiate with Boeing and to …