USAF Increases Order for Boeing-Built JDAM Kits

(St. Louis, March 11, 2010) -- Boeing [NYSE: BA] has received a contract modification from the U.S. Air Force for the fiscal year 2010 production of more than 6,000 Joint Direct Attack Munition (JDAM) kits. The modification increases the overall value of this phase from $72 million to $229 million.

Boeing will deliver the kits from this order in 2011 and 2012. The FY2010 production is the third procurement of a six-year contract Boeing received in January 2008. That agreement now has a potential total value of $1.3 billion with deliveries extending through 2015, if all options are exercised.


"JDAM provides warfighters with an effective, accurate and battle-tested weapon," said Dan Jaspering, Boeing director of Direct Attack Programs. "These additional JDAMs will supplement the original contract to ensure the long-term availability of this cost-effective weapon on today's battlefield."

Source : The Boeing Company (NYSE: BA)