Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Vija Celmins’s Retrospective is Spectacularly Subdued

July 12, 2025

Bronx Museum of the Arts appoints Shamim M. Momin as new director.

July 11, 2025

Inside Artist Julian Charrière’s Sublime Deep-Sea Expeditions

July 11, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Stocks
Stocks

Ukraine’s new 100-mile bomb from Boeing is ready, sources say By Reuters

News RoomBy News RoomFebruary 1, 2024
Share
Facebook Twitter LinkedIn Pinterest Email

© Reuters.

By Mike Stone

WASHINGTON (Reuters) – After successful testing in the U.S., Ukraine will soon receive it first big batch of long-range missiles made by Boeing (NYSE:) that promise to extend its range deep into Russian-held territory, according to sources familiar with the matter.

They could arrive “on the battlefield” as soon as Wednesday, Politico reported.

Ukraine needs Boeing’s Ground Launched Small Diameter Bombs (GLSDB) to augment the limited number of 100-mile range Army Tactical Missile System (ATACMS) rockets the U.S. has sent.

The glide-bomb will allow Ukraine’s military to hit targets at twice the distance reachable by the rockets it now fires from the U.S.-supplied High Mobility Artillery Rocket System (HIMARS) and could force Russia to move supplies even farther from the front lines.

Tests of newly built GLSDB occurred on Jan. 16 at the Eglin Air Force Base test range in Florida, a person familiar with the test and two people briefed told Reuters, enabling shipments to begin. The people briefed on the test said six rockets were fired as a part of the early morning test over the Gulf of Mexico.

The plan was for launchers and dozens of warheads to move to Ukraine via an air transport, the person familiar with the test and one of people briefed said.

The timing of the delivery and their ultimate deployment has been secret to preserve the element of surprise. A Pentagon spokesperson declined to comment.

For the Biden administration, the decision to send the GLSDB to Ukraine represents an alternative ATACMS missile, which the administration has so far provided in only small numbers.

Ukraine’s supply of ATACMS has been depleted by use.

The new glide bombs, while not as powerful, are much cheaper, smaller and easier to deploy than ATACMS, making them well suited for much of what Ukraine hopes to accomplish: disrupting Russian operations and creating a tactical advantage.

“It’s long past time to finding creative means to provide the capability and capacity needed to strike deep and often behind Russian lines,” said Tom Karako, a weapons and security expert at the Center for Strategic and International Studies.

When Boeing pitched the weapon to commanders last year, they presented an “expedited nine-month option” for delivery that required exempting the contractor from an in-depth review that ensures the Pentagon is getting the best deal possible.

The Pentagon said publicly that funding was approved in February, a contract to begin production was inked the following month, U.S. officials have told Reuters. Because GLSDB has already been paid for, the weapon can avoid the recent Congressional funding dispute over continued weapons shipments to Ukraine.

Boeing, the prime contractor for the weapon, did not respond to a request for comment.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Trump’s latest tariff talk is doing something interesting to the dollar

A key piece of the next consumer-price report risks upsetting the bond market

Ulta Beauty is starting to separate itself from the competition, analyst says

OPEC+ to boost oil production even more than expected in August

A new crypto frontier is emerging on Wall Street, beyond bitcoin and ether. But here are the risks.

The wrong kind of Fed rate cuts are coming, says JPMorgan. What that means for stocks, bonds and the dollar.

What drove stock market’s record-breaking week? Don’t overlook growing rate-cut expectations.

Nike’s stock is headed for a ‘swoosh’-shaped recovery after years of pain, analyst says

20 banks expected to increase their dividends the most following the Fed’s stress tests

Recent Posts
  • Vija Celmins’s Retrospective is Spectacularly Subdued
  • Bronx Museum of the Arts appoints Shamim M. Momin as new director.
  • Inside Artist Julian Charrière’s Sublime Deep-Sea Expeditions
  • Bronx Museum of the Arts appoints Shamim M. Momin as director and chief curator – The Art Newspaper
  • Maruani Mercier Gallery announces representation of Æmen Ededéen.

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

Bronx Museum of the Arts appoints Shamim M. Momin as new director.

July 11, 2025

Inside Artist Julian Charrière’s Sublime Deep-Sea Expeditions

July 11, 2025

Bronx Museum of the Arts appoints Shamim M. Momin as director and chief curator – The Art Newspaper

July 11, 2025

Maruani Mercier Gallery announces representation of Æmen Ededéen.

July 11, 2025

1,600-Year-Old Tomb of Mayan City’s Founding King Discovered in Belize

July 11, 2025
Facebook X (Twitter) Instagram
© 2025 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.