Boeing could win Apache contract from UK’s MoD

As per The Telegraph Boeing is likely to be awarded a contract worth $2.9 billion for supply 50 Apache attack helicopters to the UK.

As per a report appearing in the Telegraph, Britain’s Ministry of Defence is all set to award a 2 billion pound contract to Boeing for the supply of Apache Helicopters.

UK’s MoD has decided to give an order for manufacturing 50 such choppers, including their servicing to Boeing. The announcement for the same by UK’s MoD could be made as early as July.

Incidentally, Boeing has beaten Leonardo Finmeccanica SpA, an Italian aerospace manufacturer for getting this contract.

U.S based aircraft manufacturer, Boeing, has offered the helicopter at lower price points that its competitors by tacking them on to the end of a larger Apache order from the US military, said the paper.

So far the British government has committed to NATO’s defense spending pledge of 2% of its GDP for the next five years. However, the MoD will be under pressure to opt for a cost effective solution as it is juggling a number of big projects.

Neither the MoD nor Boeing could be immediately reached for immediate comment.

($1 = 0.6843 pounds)

Categories: Entrepreneurship, HR & Organization, Strategy


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