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Boeing Wins $65M AF Bomb Guidance Kit Sale

BoeingLogoBoeing (NYSE: BA) has won a $65, 877, 538 contract from the U.S. Air Force to produce 2, 701 guidance tailkits for bombs in support of a foreign military sales agreement.

Israel will receive the Lot 17 Joint Direct Attack Munition kits through the firm-fixed-price contract, the Defense Department said Friday.

According to Boeing, JDAM kits intend to convert free-falling bombs into weapons guided by GPS and intertial navigation technologies.

The company will perform work in St. Louis through March 31, 2015 and Eglin Air Force Base, Fla. is the contracting activity.

Last month, the Pentagon announced an approximate $100 million award to Boeing for spare parts and sustainment work on the JDAM kits for the foreign military sales program.

No international customers were identified in that contract announcement.

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