The U.S. Air Force awarded BOEING CO. a $188.3 million new small-diameter precision-guided bomb contract

The U.S. Air Force on Monday said it had awarded BOEING CO. a
$188.3 million contract to develop and test a new
small-diameter precision-guided bomb, giving Boeing's McDonnell
Douglas unit the green light to continue systems development and
demonstration work on the new 250-pound bomb. The Air Force had
announced the contract for Boeing on Oct. 9, but later said the
announcement was premature and the decision was still being
reviewed. The 250-pound class munition is half the size of the
smallest bomb used by the Air Force today but is designed to
pierce more than four feet of steel-reinforced concrete, like a
much bigger 2,000-pound BLU-109.
(Reuters 06:24 PM ET 10/20/2003)

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