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1-Boeing receives Canadian contract for Chinooks
Mon Aug 10, 2009 8:55am EDT
Link:
http://www.reuters.com/article/companyNews/idUSN1042788420090810
News Story:
* Boeing receives order for 15 CH-47Fs from Canada
* Order valued at $1.15 billion
CHICAGO, Aug 10 (Reuters) - Boeing Co (BA.N) on Monday said it has received a $1.15 billion contract from the Canadian government for 15 new CH-47F Chinook heavy-lift helicopters.
The helicopters will be produced at the Boeing Rotorcraft Systems facility in Ridley Township, Pennsylvania. Deliveries are expected to be between 2013 and 2014.
Chicago-based Boeing and rival Airbus (EAD.PA) have been hit hard as carriers and cargo operators grapple with the global recession and credit crisis.
Meanwhile, Boeing's defense unit struggles with sweeping cuts to the Pentagon's fiscal 2010 budget request earlier this year.
Canada's Defense Minister Peter MacKay said last week that Canada would overcome a critical shortage of military transport helicopters in Afghanistan by buying six used machines from the United States as well as leasing six Russian-made aircraft. (Reporting by Kyle Peterson, editing by Gerald E. McCormick)
Mon Aug 10, 2009 8:55am EDT
Link:
http://www.reuters.com/article/companyNews/idUSN1042788420090810
News Story:
* Boeing receives order for 15 CH-47Fs from Canada
* Order valued at $1.15 billion
CHICAGO, Aug 10 (Reuters) - Boeing Co (BA.N) on Monday said it has received a $1.15 billion contract from the Canadian government for 15 new CH-47F Chinook heavy-lift helicopters.
The helicopters will be produced at the Boeing Rotorcraft Systems facility in Ridley Township, Pennsylvania. Deliveries are expected to be between 2013 and 2014.
Chicago-based Boeing and rival Airbus (EAD.PA) have been hit hard as carriers and cargo operators grapple with the global recession and credit crisis.
Meanwhile, Boeing's defense unit struggles with sweeping cuts to the Pentagon's fiscal 2010 budget request earlier this year.
Canada's Defense Minister Peter MacKay said last week that Canada would overcome a critical shortage of military transport helicopters in Afghanistan by buying six used machines from the United States as well as leasing six Russian-made aircraft. (Reporting by Kyle Peterson, editing by Gerald E. McCormick)