The U.S. Army has temporarily grounded its entire fleet of Boeing (NYSE: BA) CH-47 Chinook heavy-lift helicopters “out of an abundance of caution” after discovering the installation of a faulty part has caused fuel leaks that led to engine fires.
The issue was caused by the installation of a part that did not meet design specifications in some Honeywell (NASDAQ: HON) T55 Turboshaft engines during routine maintenance, the OEM said Tuesday evening.
