U.S Army purchases Boeing's AH-64E Apache helicopters in $3.4 billion contract

MESA, Ariz. U.S. Government officials and Boeing signed a five-year contract, through which the U.S. Army and a customer outside the U.S. will acquire the Apache attack helicopter. The contract is worth an estimated $3.4 billion.

This is the first multi-year agreement for the Apache ā€œEā€ variant. The Army will receive 244 remanufactured Apaches while 24 new ones will go to the international customer. Officials say, this comes with significant savings to taxpayers.

The Apache is built at 's facility in Mesa, Arizona. Deliveries of the ā€œEā€ model began in October 2011. Seven customers outside the U.S. have ordered this variant.

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