Hello, Guest!
  • Friday, November 22, 2024

Boeing Secures $3.2B AF Contract Modification to Supply Bomb-Guidance Kits


boeing logoA Boeing (NYSE: BA) subsidiary has landed a potential $3.2 billion contract modification from the U.S. Air Force for Joint Direct Attack Munition tailkits.

Boeing’s defense space and security business will supply JDAM strap-on inertial guidance tailkits designed to receive GPS guidance updates for conventional inventory bombs, the Defense Department said Tuesday.

Air Force Life Cycle Management Center will obligate a combined $335.2 million from fiscal 2015 and 2016 ammunition and operations and maintenance funds.

The modification increased the contract value by approximately $1.5 billion to fill in depleted inventories because of warfighter demand, DoD added.

According to a report from USA Today in December, the Air Force has used more than 20, 000 missiles and bombs for its missions against the Islamic State militant group and has depleted its munitions stocks.

Boeing’s facilities have built more than 260, 000 JDAM kits to support Air Force, U.S. Navy, U.S. Marine Corps and other international allies’ operations.

Video of the Day

Related Articles

B&A Expands IT Offerings With the Acquisition of iDoxSolutions M&A Activity

B&A Expands IT Offerings With the Acquisition of iDoxSolutions

Through its purchase of iDoxSolutions Inc., a Bethesda, Maryland-based information technology and management consulting company, B&A will provide federal, state and local government customers with more advanced IT offerings. iDox will become a wholly-owned subsidiary of the McLean, Virginia-headquartered IT services company. Founded in 2000, iDoxSolutions has expertise in enterprise content and records management, as

Michael Polmar Named Chief Growth Officer at B&A Executive Moves

Michael Polmar Named Chief Growth Officer at B&A

Michael Polmar, a business development executive with over three decades of experience, has joined B&A as chief growth officer responsible for leading the information technology systems integrator’s strategic growth initiatives. B&A said Tuesday Polmar previously worked at the former Vencore company, ManTech International (Nasdaq: MANT), AT&T‘s (NYSE: T) federal business arm and private equity-backed firms. Polmar

B&A, Trend Micro Form Cybersecurity Partnership to Support Federal Clients; Mohith Narayanan Quoted Cybersecurity

B&A, Trend Micro Form Cybersecurity Partnership to Support Federal Clients; Mohith Narayanan Quoted

B&A, a McLean, Virginia-based information technology systems integrator, has partnered with cybersecurity software company Trend Micro to provide a set of platforms meant to help federal government customers improve their security posture through rapid threat detection and response. “Trend Micro provides our customers with a better way to protect, detect, and respond to new threats