Boeing, Lockheed Martin land significant Pentagon contracts for military supplies

The US Department of Defense has finalized a $6.9 billion contract with Boeing for the production of small-calibre bombs, which will include supplies for Ukraine, according to the Pentagon's press service.

The allocated funds will facilitate the production of these bombs for Bulgaria, Ukraine, and Japan, Caliber.Az reports citing the statement.

Boeing is required to complete its obligations under this contract by December 31, 2035.

Additionally, the Department of Defence has signed a $2.1 billion contract with Lockheed Martin for the manufacturing of Trident II D5 intercontinental ballistic missiles, which will be equipped with new nuclear warheads designed for submarine launch. The contract specifies that the production of these missiles supports foreign military sales in alignment with the UK's interests, with completion expected by September 30, 2029.

Among the companies receiving contracts are American Systems Corp., DCS Corp., and Peraton Inc., with work scheduled to be performed at various locations through 2027 as detailed in individual task orders.

Other firms, such as Apogee Engineering LLC and Joint Research and Development LLC, have been awarded similar research and development contracts valued at over $33 billion, with partial funding for 2024 and 2025 already allocated.

On September 26, US President Joe Biden announced a military aid package worth $375 million for Ukraine, directing the allocation of defence products and services from the Department of Defense, including "military training and education." The aid package comprises additional ammunition for HIMARS systems, 155 mm and 105 mm artillery rounds, cluster munitions, and more.

By Tamilla Hasanova