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Friday, September 24th, 2021

Boeing secures $3.1 billion in Navy missile systems contracts

Credit: Boeing

Boeing has secured a combined $3.1 billion Navy contract for Harpoon and Standoff Land Attack Missile Expanded Response (SLAM ER) weapon systems in support of Foreign Military Sales (FMS).

Officials indicated about $2.6 billion of the agreement was recently contracted, with the remainder having been previously awarded.

“We are pleased to continue our long legacy of partnering with the Navy to build weapons that defend America and its international partners,” Cindy Gruensfelder, vice president, Boeing Weapons, said. “These awards will not only extend production of the Harpoon program through 2026, they will also restart the production line for SLAM ER and ensure deliveries through 2028.”

While Boeing last delivered the SLAM ER weapon system 11 years ago, in October 2019 the firm initiated the construction of a new manufacturing facility to support increased production for the Harpoon and SLAM ER programs. Construction is slated for completion next year.