Air Force Pushes Boeing JDAM Tail Kit Production Contract Ceiling to $927M

The U.S. Air Force has awarded Boeing (NYSE: BA) a two-year, $195 million contract modification to produce additional tail kits for the service branch’s Joint Direct Attack Munitions.

The modification will increase the cumulative face value of a previously awarded JDAM tail kit production contract to nearly $927.5 million, the Defense Department said Thursday.

Boeing said its JDAM guidance kits have a new tail section equipped with inertial navigation and global positioning systems and work to convert unguided free-fall bombs into guided “smart” weapons.

The company is scheduled to finish work under the modified contract by Jan. 30, 2020.

The Air force will obligate the entire modification amount at the time of award from its procurement funds for fiscal years 2016, 2017 and 2019.

Check Also

SAIC

SAIC Awarded TSA Test & Evaluation Support BPA

Science Applications International Corp. (NYSE: SAIC) has been awarded a potential $40M blanket purchase agreement for operational test and evaluation services to the Transportation Security Administration, according to an award notice posted Thursday.

US Air Force

Air Force Selects Boeing, Lockheed, Raytheon Technologies for Hypersonic Cruise Missile Tech Design Program

The U.S. Air Force has indicated its intent to solicit design proposals from Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) for a hypersonic cruise missile technology that can be launched from a fighter or a bomber aircraft.