The Air Force on Tuesday awarded Boeing [BA] a fixed-price contract worth as much as $3.2 billion for Joint Direct Attack Munition (JDAM) tail kits, according to a Defense Department statement.
The contract is a fixed-price, incentive-firm, indefinite delivery/indefinite quantity (ID/IQ) contract modification to a previously awarded contract. Boeing will provide JDAM strap-on inertial guidance kits with the capability to receive guidance updates from Global Positioning Systems (GPS) to increase weapon accuracy for conventional inventory bombs.
The undefinitized contract action was awarded on Oct. 30, 2014, at a maximum amount of $1.7 billion. That amount has since increased by $1.5 billion due to warfighter demand and to replenish depleted inventories.
Work is expected to complete by Sept. 29, 2020. This contract involves foreign military sales (FMS). Boeing develops JDAM.