Boeing wins $2bn-contracts to manufacture over 1,000 missiles for Saudi Arabia

The Pentagon said Wednesday it has awarded Boeing two contracts worth $2 billion to manufacture over 1,000 missiles for Saudi Arabia.

Boeing, under the first contact worth $1.97 billion, will produce 650 air-to-surface missiles with a range of about 290km.

The second contact, estimated at $657 million with the aerospace and weapons manufacturing giant, will supply 400 anti-ship missiles to Saudi Arabia.

The delivery is expected to complete by 2028.

Written by