Thursday, May 14, 2020

US aerospace giant Boeing won two cruise missile contracts worth over $2.6 billion

US aerospace giant Boeing won two cruise missile contracts worth over $2.6 billion combined to support foreign military sales to Saudi Arabia and six other countries, the Defence Department said in a press release.
"The Boeing Company of St. Louis, Missouri is awarded a $1,971,754,089... contract to provide non-recurring engineering associated with the Stand-off Land Attack Missile – Expanded Response (SLAM ER) obsolescence redesign effort as well as the production and delivery of 650 SLAM ER missiles in support of the government of Saudi Arabia", the release said on Wednesday.
Boeing also won $656 million to provide 467 Harpoon anti-ship missiles to Japan, India, South Korea, Qatar, Brazil, and The Netherlands, the release added.
In December 2019, the Boeing Company received a $265 million modification contract to upgrade the US Ground-based Midcourse Defence (GMD) interceptor system.
The AGM-84H/K SLAM-ER (Standoff Land Attack Missile-Expanded Response) is an advanced standoff precision-guided, air-launched cruise missile. The Harpoon is an all-weather, over-the-horizon, anti-ship missile.

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