The U.S. Army is advancing its heavy-lift modernization efforts by ordering nine Boeing [NYSE: BA] CH-47F Block II Chinooks via two contract awards. The Lot 4 and 5 awards, valued at $461 million, increase the number of CH-47F Block II aircraft under contract to 18.
"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," said Heather McBryan, vice president and program manager, Cargo Programs, for Boeing Defense, Space and Security. "We value our partnership with the Army and the support from Congress as we deliver this modernized capability to the warfighter."
The awards follow the Army's recent Rapid Fielding production decision. Boeing is working closely with the Army on a path forward for Lot 6.
To date, Boeing has delivered six CH-47F Block II production helicopters to the Army, which are currently undergoing a series of evaluations to demonstrate their enhanced capabilities.
The CH-47F Block II features significant upgrades, including an improved drivetrain and airframe that increase the maximum gross weight by 4,000 pounds, significantly increasing lift capability. Additionally, innovative changes to the fuel system extend the mission radius of nearly all payloads. Combined with enhanced sustainment and the ability to make affordable future upgrades, the CH-47F Block II will meet the Army's desired goal of flying for at least another 40 years.
