Author: Scott Nicholas|| Date Published: August 24, 2017
Boeing (NYSE: BA) has received a $222.5 million contract modification from the U.S. Army to build and deliver eight CH-47F helicopters to Saudi Arabia’s land forces aviation command.
The Army Contracting Command obligated the full modification amount at the time of award from fiscal 2017 foreign military sales funds, the Defense Departmentsaid Wednesday.
DoD noted Boeing will perform work in Ridley Township, Pennsylvania, through July 30, 2021.
Saudi Arabia ordered up to 48 Chinook helicopters along with aircraft engines, global positioning system inertial navigation platforms, machine guns and common missile warning systems from the U.S. government through a potential $3.51 billion FMS deal the State Department approved in December.
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Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…