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02
October
2014

Military Firms Likely to Benefit from Airstrikes in Iraq, Syria

Military Firms Likely to Benefit from Airstrikes in Iraq, Syria

To replace those munitions, experts say, officials are likely to turn to Boeing Co. for a tail kit that converts an unguided free-fall bomb into a "smart" bomb through installation of a GPS-guided tail section.

The company has sold nearly 262,000 such kits, at $25,000 each, including thousands to Saudi Arabia, the United Arab Emirates, Qatar and Bahrain.

"These coalition partners have already bought quite a bit of weapons from American weapons makers," said Richard Aboulafia, an aerospace analyst with Teal Group Corp., a Virginia research firm. "After a campaign like this, they're likely to buy more."

Tags Iraq, Munitions, Syria Media Outlet: Los Angeles Times Categories: Teal Group In The Media, Richard L. Aboulafia

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