The US Army and Boeing have signed a $4 billion multi-year contract for 177 CH-47F Chinook helicopters, with the Army holding options that could increase its total buy to 215 aircraft.
Deliveries from the agreement, which is a cost-effective alternative to annually contracting for the aircraft, begin in 2015.
“This multi-year contract provides unprecedented savings for the U.S. Army and American taxpayers,” said Col. Robert Barrie, U.S. Army project manager for Cargo Helicopters. “But the most important benefit is the continued support these aircraft will provide to soldiers in the field and civilians in distress.”
Boeing press release: http://boeing.mediaroom.com/index.php?s=43&item=2694