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Boeing Receives $140M Army Contract for Chinook Special Ops Variant Production

Boeing (NYSE: BA) has secured a $139.8 million order from the U.S. Army‘s Special Operations Aviation Command for four modernized MH-47G Chinook helicopters. The Army will add Chinooks with Block II configuration to the service branch’s current fleet of 69 MH-47G units, Boeing said Wednesday. The company expects production work to continue through the late …

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Boeing Drafts 10 Local Firms for Bid on Germany’s Heavy-Lift Helicopter Program

TYSONS CORNER, VA, April 27, 2018 — Boeing (NYSE: BA) has gathered 10 local companies in Germany to be part of an industry team that would bid on a potential $5 billion contract for the German military’s procurement of heavy-lift helicopters, ExecutiveBiz reported Thursday. Reuters reported Wednesday that the group includes the …

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Boeing Lands $313M Follow-On Award for Canadian Air Force Chinook Fleet Support

Boeing (NYSE: BA) has received a $313 million follow-on contract to provide logistics, engineering, supply chain, data analytics and training services for the Canadian air force’s fleet of Chinook heavy-lift helicopters. The company said Tuesday it will continue to provide lifecycle support to the CH-147F  helicopters through 2023 under an amendment to a performance-based …

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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 …

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Boeing to Support Army Chinook Block II Program Under Potential $277M Contract

Boeing (NYSE: BA) has secured a potential three-year, $276.6 million contract from the U.S. Army to support the engineering and manufacturing development phase of the CH-47F Chinook Block II program. The Army received one bid for the cost-plus-incentive-fee contract through an online solicitation and obligated $27.3 million in fiscal 2017 research, development, test …

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Boeing Taps German Company to Manufacture Parts of Chinook Tunnel Cover

TYSONS CORNER, VA, June 5, 2017 — Boeing (NYSE: BA) has awarded a five-year contract to Germany-based COTESA for the supply of various components for a section of the H-47 Chinook heavy-lift helicopter, ExecutiveBiz reported Friday. The aerospace and defense company said Thursday COTESA will provide composite parts of the tunnel cover …

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US, Saudi Arabia Ink Potential $110B Weapons Sales Package

President Donald Trump and Saudi King Salman bin Abd al-Aziz Al Saud have signed a potential $110 billion package of weapons sales agreements in an effort to advance global security and economic development initiatives between the U.S. and Saudi Arabia. The White House said Saturday Trump also inked a Joint …

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Boeing Gets $541M Army FMS Contract Modification to Continue CH-47 Helicopter Production for Netherlands

Boeing (NYSE: BA) has received a $541.1 contract modification from the U.S. Army to manufacture lot 15 CH-47F cargo renew and new build helicopters for Netherlands under a foreign military sales deal. The Defense Department said Friday the full obligated amount at the time of award of the modification is from …

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Boeing Cuts Earnings Outlook on 2Q Loss as GD & Northrop Lift Forecasts on Beats, Booz Allen & CGI Top Street Estimates

Five government contractors listed in Executive Mosaic’s GovCon Index reported their latest quarterly financial results before U.S. markets opened Wednesday and all earnings per share figures fell above the consensus Wall Street forecast. Boeing (NYSE: BA) swung to a net loss for its second quarter and lowered its earnings forecast on …

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Germany to Choose Between Boeing, Lockheed-Sikorsky Choppers to Replace Old Fleet

TYSONS CORNER, VA, January 26, 2016 — Boeing‘s (NYSE: BA) Chinook helicopter and the Sikorsky-built King Stallion helicopter by Lockheed Martin (NYSE: LMT) have been shortlisted by Germany as the potential replacement for its current Sea Stallion fleet, ExecutiveBiz reported Monday. Defense News reported Monday that Germany seeks to replace its CH-53 heavy-lift …

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