The Air Force has contracted Boeing to remanufacture warhead-arming devices for the service’s air-launched cruise missile, announced Boeing. The two-year, $7.3 million contract, also includes an option for six additional years totaling up to $50 million, according to a July 14 release. Boeing will take apart the devices, test them, “make sure all the electronics are still working,” and put it back together “like new,” Boeing spokeswoman Queena Jones told Air Force Magazine. “Providing these production systems to the Air Force fleet on schedule is our No. 1 goal,” said Peggy Morse, Boeing’s vice president of directed energy and strategic systems. “This contract is a testament to the ALCM team’s expertise and commitment to support national security,” she said. Remanufacturing the devices will take place at the Boeing facility in Heath, Ohio.
Lockheed Martin projects more than a billion dollars of losses on a classified program, but company officials said April 23 they are confident it will turn profitable by 2028 and become a "franchise" system in the U.S. military.