Greece Eyes Purchase of Boeing Chinook Helicopters for $150M

boeing logoThe government of Greece is seeking to purchase Boeing (NYSE: BA)-built Chinook helicopters and related equipment for $150 million through a foreign military sale agreement with the U.S.

Greece requested for CH-47D Chinook helicopter engines, missile warning system, radio systems, ILS marker beacons, direction finders, navigation tools, transponders, radar signal detecting sets and navigation equipment, the Defense Security Cooperation Agency said Thursday.

The deal also includes aircraft hardware and software support, repair, spare parts, publications and technical documentation, modifications, personnel training and logistics support.

Greece intends for the Chinook helicopters to help bolster defense security in the Balkans and the Levant regions.

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