7/102 sources · 2 publishersUpdated Oct 28, 09:51 UTC
Boeing awarded $499.76 million Army contract modification for Apache helicopter support
Boeing received a $499.76 million contract modification from the U.S. Army Contracting Command to provide support for Apache AH‑64 helicopters. The work and funding will be determined order‑by‑order and the contract extends through February 20, 2031. The award follows an online bidding process and comes after Boeing secured a $636.1 million Apache component‑maintenance contract the previous month.
Why it matters
The company says the contract will add to its defense services revenue through 2031. Analysts note that the award reinforces Boeing's position as a primary supplier of Army aviation support.
Key facts
- 1Boeing was awarded a $499.76 million contract modification for Apache AH‑64 support. seekingalpha.com
- 2The contract was issued by the U.S. Army Contracting Command. seekingalpha.com
- 3The contract runs through February 20, 2031. seekingalpha.com
- 4The award followed an online bidding process. defensehere.com
- 5Boeing previously secured a $636.1 million contract for Apache component maintenance in the prior month. defensehere.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.