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ST. LOUIS, March 31, 2009 — Boeing [NYSE: BA] today announced an agreement with Times Aerospace Korea, LLC (TAK) to jointly develop a wing assembly for the 2,000-pound Joint Direct Attack Munition Extended Range (JDAM ER).

“This teaming agreement is a prime example of Boeing Weapons Programs’ efforts to form strategic partnerships as we develop the systems our global customers need,” said Debra Rub, Weapons Programs vice president. “Our alliance with TAK is an important step forward in bringing the expanded capability of JDAM ER to the warfighter.”