Updated:2006-07-31 18:37:58
AP
WASHINGTON (AP) – The U.S. Navy on Monday awarded a contract worth about $44.3 million to a unit of Boeing Co. for 28 missiles for five of its international partners.
The contract is a modification to a previous award to McDonnell Douglas Corp., for 28 Harpoon all-up-round missiles. The governments of Chile and Pakistan will each receive 10 missiles, four are for Canada, and two each for Australia and Malaysia.
The contract also includes various other warhead sections and containers for the foreign governments. Work is expected to be completed in June 2007.
Shares of Boeing, the world’s largest aerospace company, rose 43 cents to $77.85 in after-hours trading on the INET electronic stock exchange after losing $1.49 earlier in the day on the New York Stock Exchange.
Copyright 2006 The Associated Press