Boeing gets $3.2B for Apache sales to Saudi Arabia

March 16 (UPI) -- Boeing received a $3.2 billion contract modification to support the U.S. Army's foreign military sale of Apache helicopters to Saudi Arabia.

The deal facilitates full-rate production for new and existing AH-64E aircraft. Tasks include building new helicopters and crew trainers, ground support equipment, initial spares, integrated logistics support and engineering services.

According to the U.S. Department of Defense, the work will be performed at Boeing's facility in Mesa, Ariz., and is expected to be complete by the end of June 2022.

The company received all procurement funding at the time of the modification award. The operation will be overseen by the U.S. Army Contracting Command.

The AH-64 Apache is a multirole combat helicopter used by the U.S. Army and various other armed forces around the world. The Army first received the platform in January 1984.

In addition to Saudi Arabia and the United States, other operators include armed forces in Egypt, Greece, Israel, Japan, South Korea and Britain.