Boeing Wins $461M US Army Chinook Deal – Heavy-Lift Boost and Stock Surge
What’s the Boeing-Chinook Deal? On Oct. 21 Boeing confirmed it won two Army contracts to produce nine CH-47F Block II helicopters reuters.com marketscreener.com. The awards (Lots 4 and 5) are valued at $461 million and “bring the total number of Block II aircraft under contract to 18” reuters.com marketscreener.com. Boeing spokesman Heather McBryan (VP of Cargo Programs) emphasized that “the rapid succession of contracts indicates that the Chinook will continue to play an important role in the U.S. Army’s family-of-systems, particularly in a contested logistics environment” marketscreener.com. Boeing delivered the first Block II aircraft in mid-2024 and six total are now