Aerospace Group:

Army Awards Boeing $3.3 Billion Contract For Saudia Arabia Apaches

Wednesday, March 29th, 2017

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The Army on March 15 awarded Boeing [BA] a $3.3 billion contract modification to provide Apache helicopters to Saudi Arabia, according to a Pentagon statement.The contract modification is a multi-year deal for lots 7-11, AH-64E full-rate production (FRP) of remanufactured aircraft and new build aircraft. It also includes remanufacture and new build Apache Longbow crew trainers, peculiar ground support equipment, initial spares, integrated logistics support and engineering technical services.Work has an estimated completion date of June 30, 2022.

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