Boeing Wins Military Orders
While browsing Google News this evening I noticed that Boeing picked up a couple substantial military-related orders today that are worth quite a bit.
The first is a deal with South Korea to sell them four AWACS-styled 737 surveillance aircraft by 2012, a deal worth ~$1.7 billion. South Korea currently uses US-operated AWACS flights based out of Japan for surveillance of their border with North Korea, so this deal will give them some measure of autonomy with those operations.
The second, and much more prominent, contract was awarded by the United States Air Force, and involved the ordering of one hundred and forty one modified CH-47 Chinook helicopters for use in their Combat Search and Rescue program. This deal is potentially worth over $13 billion. Boeing beat out both Lockheed and Sikorsky for this contract.
