Boeing Wins $145M Navy Harpoon Missile Award, Foreign Sales Included

Boeing (NYSE: BA) has won a $145.09 million U.S. Navy contract to provide the branch with harpoon missiles and training vehicles, the Defense Department announced Monday.

The company will provide the Navy 34 harpoon missiles and two encapsulated harpoon certification training vehicles.

This firm-fixed-price contract also includes many missile orders from international governments through the foreign military sales program.

Saudi Arabia will receive 20 tactical air launch all up rounds, five exercise all up rounds, a spare guidance control unit and 15 shipping containers.

India will receive 21 tactical air launch all up rounds, three exercise all up rounds, four captive air training missiles, two spare guidance control units and 15 shipping containers.

South Korea will receive two SLAM-ER missile, two shipping containers and harpoon hardware.

Taiwan will receive 36 shipping containers and harpoon hardware will also go to Australia, Japan, Canada, Chile, Pakistan, Turkey and the United Arab Emirates.

The Pentagon expects work to finish by December 2013 and the Naval Air Systems Command in Patuxent River, Md. is the contracting activity.

Boeing also holds an estimated $1.8 billion U.S. Air Force contract to develop upgrade kits for F-15 jets that Saudi Arabia will receive through a foreign military sales agreement.

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