Boeing signs $289 million Israel contract for 5,000 smart bombs, source says

Boeing has signed a new $289 million contract with Israel to deliver as many as 5,000 new air-launched smart bombs, a source told Reuters on Tuesday.

The new contract is not related to the ongoing US-Israeli air strikes on Iran, with deliveries not scheduled to start for 36 months, Bloomberg News reported earlier, citing a person familiar with the matter.

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Boeing declined to comment when contacted by Reuters.

The company's Small Diameter Bomb is a guided munition that can be launched by Israeli jets at targets more than 40 miles (64 kilometers) away.