Lockheed Martin was awarded a $76 million contract to build Paveway II Plus laser-guided bomb kits, which will include guidance and tail assemblies for GBU-10 and GBU-12 bombs. Deliveries are slated to begin in the second quarter of 2016, according to a Lockheed release. The company has delivered more than 140,000 training rounds, along with 70,000 Paveway II kits and 7,000 dual-mode systems to the Air Force, Marine Corps, Navy, and 20 international customers, states the release. GBU-10 and GBU-12 bombs have been used extensively in recent combat, including in Operation Inherent Resolve in Iraq and Syria.
Boeing Claims Progress on T-7 and Other Challenged Programs
April 25, 2025
Boeing appears to have become to overcome the problems that led to billions in losses on fixed-price defense contracts in recent years, point the company back toward profitabily, says Boeing president and CEO Kelly Ortberg.