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Tuesday, October 26, 2010

Boeing Receives US Army Contract for Low Rate Initial Production of AH-64D Apache Block III

AH-64D Apache GunshipThe Boeing Company today announced it has received a $247 million contract to begin Low Rate Initial Production (LRIP) for the U.S. Army’s AH-64D Apache Block III helicopter, the most advanced multi-role combat helicopter in the world.

The contract, signed by the U.S. government on Oct. 22, covers production of eight Apache Block III helicopters in the Lot 1 configuration.

An Acquisition Decision Memorandum signed by the Department of Defense on Oct. 7 authorized the program to enter the LRIP phase to produce 51 aircraft.

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