Boeing Gets $3.3B FMS Contract Modification to Build Apache Helicopters, Crew Trainers for Saudi Arabia

The U.S. Army has awarded Boeing (NYSE: BA) a five-year, $3.28 billion contract modification to produce lots 7 to 11 of AH-64E Apache attack helicopters for Saudi Arabia as part of a foreign military sales deal.

The Defense Department said Wednesday the company will also provide remanufactured and new build AH-64Es and Longbow crew trainers; peculiar ground support equipment; initial spares; integrated logistics support; and engineering technical services.

Boeing will perform work under the modification in Mesa, Arizona, through June 30, 2022.

The Army Contracting Command will use the military branch’s “other” procurement funds in fiscal years 2010, 2017, 2018, 2019, 2020 and 2021 to cover the full obligated amount.

Boeing also received an $18.3 million contract modification from the U.S. Air Force in February to supply AN/APG-63(V) 3 radars for Saudi Arabia’s F-15 fleet and a separate $46.4 million modification in early March to perform interim contractor support on the country’s F-15s.

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