News Archive


Boeing wins $3.2 billion U.S. defense contract: Pentagon

Posted by: Admin | Posted on: May 31st, 2016 | 0 Comments


WASHINGTON Boeing Co (BA.N) was awarded a $3.2 billion contract modification to a previously awarded contract for Joint Direct Attack Munition (JDAM) tailkits, the Pentagon said on Tuesday.

The contract for the tailkits, which use GPS to boost accuracy for conventional bombs, was raised from an initial $1.75 billion contract awarded on Oct. 30, 2014, due to warfighter demand and to replenish depleted inventories, the Pentagon said in a statement.


(Reporting by Eric Walsh; Editing by Sandra Maler)

Article source: http://feeds.reuters.com/~r/reuters/businessNews/~3/ZZNlVXh13AI/us-boeing-pentagon-idUSKCN0YM2MM

Comments are closed.