UK government hands Boeing $1 billion military helicopter contract

Britain awarded Boeing a three-year £879 million ($1.19 billion) contract to maintain and support Apache attack helicopters and Chinook heavy-lift helicopters. The deal is a positive, recurring-services award for Boeing but is routine in nature and unlikely to materially move the broader market.

Analysis

Britain awarded Boeing a three-year £879 million ($1.19 billion) contract to maintain and support Apache attack helicopters and Chinook heavy-lift helicopters. The deal is a positive, recurring-services award for Boeing but is routine in nature and unlikely to materially move the broader market.