The Navy awarded Boeing [BA] two contracts on May 13 for Stand-off Land Attack Missile – Expanded Response (SLAM-ER) and Harpoon missiles to several foreign customers, primarily Saudi Arabia. The SLAM-ER contract is for $1.97 billion and covers building and delivering 650 missiles for Saudi Arabia as well as non-recurring engineering associated with missile obsolescence redesign efforts. The work will mostly be split between facilities in St. Louis (47 percent) and Indianapolis (37 percent) and is expected to be finished…
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