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Boeing Bullish On Rotorcraft Business Following India Deal

Wednesday, October 14th, 2015

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Having inked a deal with India for dozens of AH-64 Apache attack and CH-47 Chinook heavy-lift utility helicopters, Boeing [BA] is confident that its military rotorcraft production lines will be able to rebound from a dip in orders caused by a downturn in U.S. military spending and continue churning out helicopters perhaps through 2030, according to Vice President for Vertical Lift David Koopersmith.Boeing locked down a contract this week to sell India 22 Apaches and 15 Chinooks after at least…

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