Boeing Gets $289 Million Israel Deal for 5,000 More Smart Bombs

Boeing secured a $289 million contract with Israel to deliver as many as 5,000 air-launched smart bombs, according to people familiar with the deal. The award should add near-term defense revenue and backlog but is modest relative to Boeing's overall annual sales, implying limited company-wide impact.

Analysis

Boeing secured a $289 million contract with Israel to deliver as many as 5,000 air-launched smart bombs, according to people familiar with the deal. The award should add near-term defense revenue and backlog but is modest relative to Boeing's overall annual sales, implying limited company-wide impact.