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Boeing Receives First PBL Contract For Chinook Rotorblades

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Boeing [BA] recently was awarded a $185 million firm-fixed-price performance based logistics (PBL) contract for services in support of CH-47 Chinook helicopters and rotor blades. A PBL contract is expected to save the government money. “Based on the negotiated contract value, Boeing projects that the Chinook Rotorblade PBL program will save the U.S. Army between 16 percent and 19 percent over the current transactional support model,” Raymond Haddad, director, Chinook Rotorcraft Support, said. The work includes rotorblades for the entire…

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