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 3, the Air Force awarded California-based Scientific Applications and Research Associates Inc. a nearly $24 million contract to build home-on GPS jam seekers for JDAM ER for Ukraine through fiscal 2025.

The Royal Australian Air Force was the first buyer of JDAM ER under a 2011 contract.

Last week, the U.S. State Department approved a more than $96 million sale of JDAM tail kits for Canada, which may use them to outfit the country’s coming F-35 fighters with air-to-ground munitions.

Boeing is developing the Powered JDAM (PJDAM) to have a range of more than 300 nautical miles–seven times the range of the company’s JDAM ER and 20 times the range of Boeing’s standard JDAM (Defense Daily, Oct. 24, 2023).

The PJDAM is to include the TDI J85 engine by Kratos Defense and Security Solutions’ [KTOS] Michigan-based Technical Directions, Inc. (TDI) business unit, which is a part of the company’s unmanned systems division.

“JDAM was heavily used during the wars in the Middle East although it is no longer the munition of choice for today’s conflicts,” Sheila Kahyaoglu, a Jefferies‘ defense analyst, wrote in a May 28 report. “Management communicated more recently in the first quarter 2024 earnings call (December end) JDAM troughing with the expectation for modest growth coming out of the guided weapons portfolio, largely driven by ongoing customer conversations and FMS opportunities, as well as BA exploring an Extended Range version of the Powered JDAM.”