Boeing’s Defense Space & Security division has been awarded an additional $153 million in funding to increase smart bomb production in the company’s St. Charles, Missouri facility.
The contract was awarded by the Department of Defense (DoD), and will boost production of tail-kits that convert free-falling bombs into GPS-guided smart bombs. This year’s production total was 36,500 converted bombs, which are known as the Joint Direct Attack Munition, or JDAM. This new contract will increase production to 45,000 a year for the U.S. and allies.
With an average of $10.5 billion in prime and subcontracts awarded each year to companies located or performing work within the state, the DoD has a large impact on Missouri’s economy. Defense contracting directly affects more than 600 industries and more than 25,000 businesses in Missouri, with Boeing leading the way.
For more on Missouri’s aerospace and defense manufacturing check out our industry page, or contact Steve Johnson, CEO of Missouri Partnership, at 314.725.2688 or via our contact form, for more information on Missouri.