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Boeing awarded $1.95B Army contract modification – TipRanks Financial Blog

U.S. watchdog initiates audit into FAA's oversight of Boeing MAX features

Boeing was awarded a $1.95B modification to a contract for the Apache AH-64E full-rate production. Bids were solicited via the internet with one received. Work will be performed in Mesa, Arizona, with an estimated completion date of December 31, 2027. FY23 Foreign Military Sales funds, and FY23 aircraft procurement, Army funds in the amount of $1.95B were obligated at the time of the award. U.S. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.

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