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Tuesday, November 10, 2009

Boeing Awarded $72 Million JDAM Production Contract

JDAM Tail KitThe Boeing Company has been awarded a $72 million U.S. Air Force contract for more than 2,900 Joint Direct Attack Munition (JDAM) tail kits.

Boeing will deliver the kits in 2011 and 2012. The Lot 14 production order is the second one-year option of a six-year contract Boeing received in January 2008. The agreement has a potential total value of $590 million with deliveries extending through 2015, if all options are exercised.

"JDAM provides warfighters an effective, accurate and battle-tested weapon," said Dan Jaspering, Boeing director of Direct Attack Programs. "The Lot 14 contract and its additional options assure the long-term availability of this cost-effective weapon."

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