Boeing

The Boeing Company [NYSE: BA] today received the Precision Strike Association's 2007 William J. Perry Award for its work on the Small Diameter Bomb (SDB) program.

The award, named for the former secretary of defense, is presented annually for outstanding leadership or technical achievements resulting in significant contribution to precision strike systems. The U.S. Air Force SDB Program Office shared the award, as the team was recognized for developing and delivering SDB to the warfighter on cost and ahead of schedule.

"The SDB program provides the Air Force an affordable new weapon system that strikes targets with precision and minimal collateral damage," said Dan Jaspering, Boeing SDB program manager. "Delivering an important weapon system on cost and ahead of schedule is a source of pride for our employees and partners."

The SDB I weapon system, which includes a four-bomb capacity carriage, is the first of a new generation of weapons whose small size and robust performance greatly increase the mission capability of current and future platforms.

The all-weather SDB I has a standoff range of over 40 nautical miles. At 71 inches long, this 250-pound class weapon quadruples the number of weapons each aircraft can carry. The Air Force deployed the system on the Boeing F-15E Strike Eagle in 2006.