Boeing Awarded $3.1 Billion in U.S. Navy Contracts for Cruise Missile Systems

The U.S. Navy has awarded Boeing a combined $3.1 billion in contracts for Harpoon and Standoff Land Attack Missile Expanded Response (SLAM-ER) weapon systems in support of Foreign Military Sales (FMS), Boeing has announced on 13th May. About $2.6 billion of that was contracted today while the remainder had 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,” said Cindy Gruensfelder, vice president, Boeing Weapons. “These awards will not only extend production of the Harpoon program through 2026, but they will also restart the production line for SLAM-ER and ensure deliveries through 2028.”

According to a statement of Pentagon, Boeing has been awarded two contracts The first contract, worth $1.97 billion, is for the modernization of SLAM-ER cruise missiles as well as delivery of 650 new missiles “in support of the government of Saudi Arabia. The second contract worths $650 million is for delivery of 467 new Harpoon Block II anti-ship missiles, including more than 400 to Saudi Arabia. The others will be delivered to Brazil, Qatar and Thailand. Support equipment will be supplied to India, Japan, the Netherlands and South Korea.

Boeing last delivered the SLAM-ER weapon system in 2008. In October 2019, Boeing began construction on a new 35,000 sq. ft. manufacturing facility to support increased production for the Harpoon and SLAM-ER programs. Construction is expected to be complete in 2021.