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JDAM Foreign Sales May Carry Revenue Growth for Boeing

Frank Wolfe Frank Wolfe
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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…

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