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Boeing subsidiary gets $5.4M Army contract

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By AP
01 October 2008 @ 01:03 pm EST

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WASHINGTON - The Army has awarded a $5.4 million contract to a subsidiary of Boeing Co. for work on a counterterrorism system.

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The contract, announced Tuesday for Autometric Inc. DBA, is for full-motion video analysis to be used in the Counterterrorism Airborne Analysis Center.

Shares of Chicago-based Boeing fell 96 cents to $56.39 in afternoon trading Wednesday.

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