The Boeing Company (BA) Secures $4.7 Billion Contract To Build AH-64E Apache Helicopters For International Clients

The Boeing Company (NYSE:BA) is among the 10 Best Drone Stocks to Buy Right Now. On November 26, the company announced that it had secured a contract worth $4.7 billion from the U.S. Army to manufacture AH-64E Apache attack helicopters for international clients, of which 96 units will be produced for Poland.

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This is the largest contract in terms of volume for the aircraft outside of the United States, with deliveries scheduled to take place in 2028. According to a press release by Boeing, the Polish military has already begun training pilots and maintainers for the aircraft.

Last year, the Polish Ministry of National Defense signed an agreement with the company, which will see the local industry play an important role in the fleet’s maintenance and support, while Boeing will be responsible for developing training programs.

Christina Upah, Vice President of The Boeing Company (NYSE:BA)’s Attack Helicopter Programs, stated the following on the award:

“This important agreement allows us to begin building one of the largest and most formidable Apache fleets that the world has ever seen. Working closely with the Polish Armed Forces, we’re focused on disciplined execution to help enhance Poland’s defense capabilities and keep up with the strong demand for the most advanced attack helicopter.”

The helicopter award follows a $2.47 billion contract by the United States Air Force earlier in the week for 15 additional KC-46A Tankers.

The Boeing Company (NYSE:BA) is a leading aerospace company that manufactures commercial airplanes, space systems, and defense equipment for customers in over 150 countries.

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