Home / Contract Awards / Report: India OKs $655M Boeing Apache Helicopter Buy

Report: India OKs $655M Boeing Apache Helicopter Buy

India has approved a deal to buy six additional Boeing-built (NYSE: BA) Apache helicopters for approximately $654.6 million, Reuters reported Thursday.

India’s defense acquisition council on Thursday cleared the deal that also covers related equipment, spares, weapons, ammunition and training support.

The decision came nearly two years after the country’s cabinet gave the green light for the procurement of Apache attack aircraft and Chinook heavy-lift helicopters in a deal worth approximately $2.5 billion.

Boeing also announced plans in February to establish a defense business unit in India as part of the aircraft maker’s expansion efforts in the South Asian country.

 

Check Also

Lockheed-Raytheon JV Gets $95M Javelin Weapon FMS Contract Modification

A Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) partnership will supply Javelin weapon equipment to six …

Kristen Mullins Named HighPoint Global Chief HR Officer

Kristen Mullins, formerly vice president of human resources at Oceus Networks, has joined citizen experience …

Subscribe to our Newsletter
I will subscribe later