Boeing presents US Air Force with new ICBM designs.
M2 EQUITYBITES-August 1, 2018-Boeing presents US Air Force with new ICBM designs
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Boeing [NYSE: BA] has announced it has presented new intercontinental ballistic missile (ICBM) design options to the US Air Force, the company said.
Boeing said it offered the Air Force cost and performance trades for a deterrent that will address emerging and future threats, which allow the Air Force to prioritize system requirements of the ICBM.
The Air Force awarded Boeing a USD 349 million contract to mature the GBSD (ground-based strategic deterrent) weapon system design. Boeing completed a system requirements review in November 2017. A system functional review will occur later this year, and Boeing will present its preliminary design review to the Air Force in 2020.
Designed to serve as a reliable deterrent to nuclear threats over the next 50-plus years, the GBSD weapon system will begin to replace the Minuteman III ICBM in the late 2020s.
Boeing is the world's largest aerospace company and manufacturer of commercial jetliners and defense, space and security systems. A top US exporter, the company supports airlines and US and allied government customers in more than 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Aug 1, 2018|
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