U.S. Army signs $4 billion multi-year contract for 177 CH-47Fs

In an agreement that will save the U.S. government more than $800 million, the Army and Boeing have signed a $4 billion multi-year contract for 177 CH-47F Chinook helicopters, with the Army holding options that could increase its total buy to 215 aircraft.
Deliveries from the agreement, which is a cost-effective alternative to annually contracting for the aircraft, begin in 2015.
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