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More Apache Block III Contracts Awarded

Boeing (BA) has received two contracts for continued work on the AH-64D Apache Block III for the U.S. Army. These include a production option as well as one for Foreign Military Sales (FMS) support. The two contracts combined are worth over $600 million.

The Apache is the U.S.’s most advanced attack helicopter. Boeing will not only manufacture new ones but upgrade existing older models. Apaches have seen heavy use in Iraq and Afghanistan where with there 30mm cannon and Hellfire missiles they have often provided fire support and precision strike. The Apache was originally designed to replace the AH-1 Cobra to kill Soviet tanks in Western Europe.

Boeing was also recently announced as the winner of a large FMS contract to provide Apaches to India. The Apache has been used by many U.S. allies such as the U.K., Netherlands, U.A.E., Israel and Egypt.

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