Boeing Secures $7.5B Air Force Contract for Joint Direct Attack Munitions

The U.S. Air Force has awarded Boeing’s (NYSE: BA) defense business segment a potential $7.48 billion contract for Joint Direct Attack Munitions, JDAM tail kits, spares, repair and technical support services. The Department of Defense said Friday Boeing Defense, Space and Security will also supply Laser Joint Direct Attack Munition sensor kits under the sole-source,

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