RIDLEY PARK, Pennsylvania, June 11 Boeing Co
and the U.S. Army on Tuesday said they had signed a
5-year contract worth $4 billion for 177 more CH-47F Chinook
helicopters, a deal they said would save the government $810
million compared to buying the aircraft one year at a time.
The contract includes options that could increase the Army's
total buy of the workhorse, twin-rotor Chinook helicopters to
215, including some to be sold to foreign countries, Boeing said
in a statement about the deal.
Boeing said there were 807 CH-47 helicopters in service
around the world, including 528 operated by the U.S. military.
In coming years, the company said it saw opportunities to sell
hundreds more Chinook helicopters to the U.S. military and other
countries, including 32 to Saudi Arabia and 15 to India.