Business news for Mon, 31 Dec 2007 & with word valued. 2 news.

BOEING was awarded a follow-on contract valued at a total of $US1.3 billion ($1.49 billion) over five years to supply additional improvements to the C-17 weapon system, the US Pentagon said today.

AFTER missing out on Qantas, David Coe's controversial Allco Finance Group has made the first move to reinvent itself by unveiling a $200 million foundation investor to launch one of four planned specialist funds valued at up to $2 billion.