Boeing (NYSE:BA) has been awarded a three-year contract by the UK government worth £879 million (approximately $1.19 billion) to provide maintenance and support services for military helicopter fleets.
The agreement covers ongoing servicing and operational support for both Apache attack helicopters and Chinook heavy-lift helicopters throughout the contract period.
Apache helicopters are deployed by the British Army, while the Chinook fleet is operated by the Royal Air Force.