Boeing Wins $126M to Provide Air Force Guided Missile Kits

The U.S. Air Force has awarded Boeing co. (NYSE: BA) a $126 million contract to provide 5, 000 joint direct attack munition tail kits, the company announced Monday.

Boeing previously won an $88 million Air Force contract for around 3, 500 JDAM kits in January 2011 and a $92 million Air Force contract for 4, 000 more kits in March 2011.

Boeing expects a full-rate production contract for laser JDAM sensors to be awarded in early 2012.

The U.S. Navy selected the JDAM kits in February 2010 to fulfill a moving target capability program requirement, according to Boeing. The Naval Air Systems Command awarded Boeing an $8 million contract in March 2011 for low-rate initial production of 700 laser sensor kits for the Navy’s program.

The company said it first delivered the JDAM kits to the Air Force in May 2008. The company first delivered the kits to the Navy in October 2008.

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