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Boeing gets over $2 billion order for missiles from Saudi Arabia

BOEING has been awarded two contracts worth more than $2 billion for the delivery of more than 1,000 air-to-surface and anti-ship missiles to Saudi Arabia, the Pentagon said.

A first contract, worth $1.97 billion, is for the modernization of SLAM ER cruise missiles as well as delivery of 650 new missiles "in support of the government of Saudi Arabia," it said.


The contract is to be completed by December 2028 for the SLAM ERs, a GPS-guided air-to-surface missile with a range of up to 155 nautical miles (approximately 180 miles, 290 kilometers).

The Pentagon also announced over $650 million contract for delivery of 467 new Harpoon Block II anti-ship missiles, including more than 400 to Saudi Arabia.

The others will be delivered to Brazil, Qatar and Thailand. Support equipment will be supplied to India, Japan, the Netherlands and South Korea, the statement said.

In a separate statement, Boeing said the new contracts would ensure the continuation of the Harpoon program through 2026 and restart the SLAM ER production line.

Boeing, which said it delivered its last SLAM ER weapon system in 2008, put the total of the contracts at $3.1 billion. A spokeswoman said that included a previously announced order.

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ChatGPT Pro users can now ask AI about spending using connected bank accounts

Highlights

  • ChatGPT Pro users can link accounts from 12,000 banks.
  • Partnership with Plaid enables financial connections.
  • Feature launched month after OpenAI bought Hiro team.
ChatGPT Pro subscribers in the United States can now connect their bank accounts directly to the AI chatbot and ask questions about their spending, investments and financial planning.

OpenAI launched the new personal finance tools on Friday, working with financial connection service Plaid to manage account links.

Users can connect accounts from over 12,000 banks, including Schwab, Fidelity, Chase, Robinhood, American Express and Capital One.

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