Boeing Awarded Harpoon Anti-Ship Missile Export Contract

The Department of Defense announced 16 new defense contracts worth a combined $712.1 million on Tuesday. Boeing won two of them.

The larger of the two awards, worth $82 million, is a delivery order under an existing contract to provide "integrated fleet support" for U.S. Air Force C-32A and C-40B/C transport aircraft, and will run through Dec. 3, 2014.

The smaller award, worth $70 million, consists of a firm-fixed-price contract to supply U.S. Navy and other customers with:

  • 12 encapsulated Harpoon all-up round tactical anti-ship missiles.
  • Five Harpoon Grade B exercise missiles.
  • Two encapsulated Harpoon certification training vehicles and shipping containers.
  • 100 Harpoon improved fuse booster kits.
  • 50 Harpoon improved fuse kits.
  • Two Harpoon blast test vehicles.
  • Associated hardware and containers for the missiles.

Only about 3.4% of these materials will be going to the U.S. Navy. The bulk of the contract is destined for buyers in Australia, Canada, Egypt, Germany, Japan, South Korea, Saudi Arabia, Taiwan, Turkey, and the United Kingdom. Deliveries should be completed in December 2014.

The article Boeing Awarded Harpoon Anti-Ship Missile Export Contract originally appeared on Fool.com.

Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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