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Army Awards Boeing $591 Million AH-64E Apache Contract Modification

Army Awards Boeing $591 Million AH-64E Apache Contract Modification
Apache Helicopter Photo: U.S. Army

The Army on Thursday awarded Boeing [BA] a $591 million contract modification to acquire 35 AH-64E “Echo” Apache helicopters under the full rate production (FRP) of Lot 5, according to a Defense Department statement.The modification is to fixed-price-incentive contract W58RGZ-14-C-0018. Fiscal year 2015 other procurement funds of $106 million were obligated at the time of award. Work is expected to be completed by July 31, 2015.

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