Kingpin
12-04-2003, 10:10 AM
Last night, we and the U.S. Army agreed on a $303 million contract to build seven newly manufactured CH-47F Chinooks. The Army also received authorization for three additional modernized MH-47G Special Operations Chinooks.
The new Chinooks will replace recent U.S. Army operational losses, and the additional MH-47Gs will replace losses of Sikorsky MH-53G Special Operations helicopters. This is especially good news, since it reflects a strong vote of confidence from our Special Operations customers and their preference for Boeing aircraft.
We have completed much preliminary planning on this new procurement program and will start to work right away, with first delivery scheduled for the summer of 2006.
Obviously, this procurement will have a tremendous positive impact on Philadelphia. It increases our base and factory throughput, but it will also enable us to reduce the procurement price of future Chinooks, and make our great aircraft more competitive in the global marketplace. We are confident we will win new international and domestic business as a result.
Congratulations to everyone on the Chinook program, and thank you for your hard work and exceptional performance that helped to make this new business possible.
It is worth noting that in 2003, the centennial of powered flight, we are embarking on a program that could keep Chinooks in U.S. Army service for as long as a century.
Thank you.
Jack
The new Chinooks will replace recent U.S. Army operational losses, and the additional MH-47Gs will replace losses of Sikorsky MH-53G Special Operations helicopters. This is especially good news, since it reflects a strong vote of confidence from our Special Operations customers and their preference for Boeing aircraft.
We have completed much preliminary planning on this new procurement program and will start to work right away, with first delivery scheduled for the summer of 2006.
Obviously, this procurement will have a tremendous positive impact on Philadelphia. It increases our base and factory throughput, but it will also enable us to reduce the procurement price of future Chinooks, and make our great aircraft more competitive in the global marketplace. We are confident we will win new international and domestic business as a result.
Congratulations to everyone on the Chinook program, and thank you for your hard work and exceptional performance that helped to make this new business possible.
It is worth noting that in 2003, the centennial of powered flight, we are embarking on a program that could keep Chinooks in U.S. Army service for as long as a century.
Thank you.
Jack