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RPT-UPDATE 1-U.S. approves possible $386 mln sale of bombs to Australia

Published 07/04/2016, 07:36 am
Updated 07/04/2016, 07:40 am
© Reuters.  RPT-UPDATE 1-U.S. approves possible $386 mln sale of bombs to Australia
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(Repeat story published on Wednesday, no change to text)

WASHINGTON, April 6 (Reuters) - The U.S. State Department has approved a possible $386 million sale of precision-guided bombs to Australia, the Defense Security Cooperation Agency said on Wednesday.

The agency said the government of Australia had requested up to 2,950 GBU-39/B Small Diameter Bombs, up to 50 guided test vehicles plus support and test equipment as well as other support.

The total estimated value of the potential deal would be $386 million, the agency said. Congress was notified of the possible sale on Monday, it said.

The GBU-39/B Small Diameter Bomb I was developed by Boeing (NYSE:BA) Co BA.N and went into production a decade ago. The compact size and precision guidance allow warplanes to accurately strike more targets per sortie while minimizing collateral damage, Boeing says.

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