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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) Mo http://q1.schwab.com/s/r?l=248&a=877...a&s=rb0310 20 ================================================== ============== |
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