:

Air Force

JDAM Foreign Sales May Carry Revenue Growth for Boeing

Frank Wolfe

Tuesday, May 28th, 2024

SHARE:

JDAM Foreign Sales May Carry Revenue Growth for Boeing

The U.S. Air Force said that the Air Combat Ammunition Center Class at Beale AFB, Calif. began a new curriculum in March that incorporates the Air Force's newest munition, the GBU-56 Laser Joint Direct Attack Munition (Photo on Air Combat Command Website)

Foreign military sales (FMS) of the Boeing [BA] Joint Direct Attack Munition (JDAM), including the JDAM Extended Range (ER) for Ukraine to counter the Russian GPS jamming threat, may carry revenue growth for the company. On May 24, the U.S. Air Force awarded Boeing Defense Space and Security in St. Louis a nearly six-year, $7.5 billion, firm fixed price contract to provide JDAM tail kits, spares, repairs, technical aid, and laser JDAM sensors for use against moving targets. On May…

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]

Congress

Senate’s CR Has Ship Construction Exemption, Forgoes White House’s Battleship, Munitions Requests

The Senate on Sunday released a bipartisan stopgap funding proposal to keep the government open through December 11, which would also secure additional funds to support ongoing shipbuilding efforts and […]

Congress

U.S. Fighter Fleet Will Expand By 2040 But More Stealth Aircraft Will Mean Less Availability, CBO Says

The number of fighter aircraft in the U.S. military inventory will decline over the next few years before expanding to a greater number than currently, but their availability for operational […]

Congress

White House Details ‘Concerns’ With Shipbuilding, Spaced-Based Interceptor Oversight In House’s NDAA

The White House has detailed “a number of concerns” with the newly-passed House version of the next defense policy bill, to include the legislation’s limits on procuring Navy ships built […]