Home / Contract Awards / Navy Taps Boeing to Produce Lot 90 Harpoon Missiles Under $207M FMS Contract

Navy Taps Boeing to Produce Lot 90 Harpoon Missiles Under $207M FMS Contract

Boeing (NYSE: BA) has received a potential four-year, $207.5 million contract from the U.S. Navy for the full-rate production of 51 lot 90 Harpoon weapon systems for Egypt, South Korea and Brazil through a foreign military sales agreement.

The sole-source, firm-fixed-price contract also covers the production of spares and related components for the Navy as well as Australia, India, Japan, Kuwait, Oman, Taiwan, Thailand and the United Arab Emirates, the Defense Department said Wednesday.

The company will perform work in Alabama, Missouri, Texas, Ohio, Connecticut, Maryland, Oklahoma, Pennsylvania, Kansas and the U.K. through March 2021.

The Naval Air Systems Command will obligate $99.6 million from the service branch’s weapons procurement funds for fiscal 2017 and FMS funds at the time of award, according to DoD.

The Harpoon anti-ship missile platform has a GPS-aided inertial navigation tool that works to home in on targets on land and ships and is designed to be launched from submarines, surface ships, aircraft and shore batteries.

Check Also

Cubic Combines Traffic Mgmt Brands to Establish New Business; Jon Newhard Named Cubic ITS Lead

Cubic (NYSE: CUB) has formed a new business through the integration of its U.K.-based intelligent transport systems segment with its traffic management brands GRIDSMART and Trafficware.

Raytheon Lands $129M IDIQ to Support Air Force Sensor Operations, Maintenance

Raytheon (NYSE: RTN) has won a two-year, $128.5M contract to help the U.S. Air Force maintain and operate mobile sensors at radar facilities. The company will maintain operational readiness of Cobra King and Gray Star radar systems that work to provide situational awareness on a 24-hour basis, the Department of Defense said Monday.