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Boeing Lands $143M Saudi Arabia AH-64E Helicopter Contract Modification

Boeing (NYSE: BA) has secured a five-year, $143.4 million contract modification from the U.S. Army to modify Saudi Arabia’s AH-64E Apache attack helicopters as part of a foreign military sales deal.

The Defense Department said Wednesday that Boeing will implement a directed change for 24 Apaches of the Saudi Arabian national guard II and III.

The Army Contracting Command obligated $3.9 million in foreign military sales funds at the time of award of the modification.

Work will occur at Boeing’s facility in Mesa, Arizona, through Apr. 1, 2022.

The company was awarded a separate $3.28 billion modification by the U.S. Army in March to manufacture lots 7 to 11 of AH-64E Apache attack helicopters for Saudi Arabia.

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