In a bid to continue modernization of its heavy-lift cargo helicopter fleet, the U.S. Army is increasing its order of Boeing (NYSE: BA) CH-47F Block II Chinook helicopters by two aircraft, the aircraft manufacturer announced.
The order increase comes about a year after the service awarded Boeing a $136 million contract for four CH-47F Block II aircraft, which went into production in April. With the $63 million Lot 2 order announced Monday, the Army will now have six of the heavy -lift helicopters under contract.
