Stock Markets March 26, 2026

Boeing Secures $326.05 Million Army Order for Six CH-47F Block II Remanufactured Helicopters

Firm-fixed-price contract awarded to Boeing’s Ridley Park, PA facility for six cargo helicopters with delivery planning through 2031

By Ajmal Hussain BA
Boeing Secures $326.05 Million Army Order for Six CH-47F Block II Remanufactured Helicopters
BA

Boeing has been awarded a $326,050,000 firm-fixed-price contract by the U.S. Department of War to supply six remanufactured CH-47F Block II cargo helicopters. The award was issued to Boeing’s Ridley Park, Pennsylvania facility, with work locations and funding to be determined per order and an estimated completion date of Aug. 31, 2031. The Army Contracting Command at Redstone Arsenal, Alabama, is the contracting activity under contract numbers W58RGZ-21-D-0094 and W58RGZ-26-F-0056.

Key Points

  • Boeing was awarded a $326,050,000 firm-fixed-price contract to remanufacture six CH-47F Block II cargo helicopters for the U.S. Department of War.
  • The contract was issued to Boeing’s Ridley Park, Pennsylvania facility; work locations and funding will be determined with each order under the contract.
  • Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity, under contract number W58RGZ-21-D-0094 and task order W58RGZ-26-F-0056; estimated completion date is Aug. 31, 2031.

Boeing Co. received a $326,050,000 firm-fixed-price contract from the U.S. Department of War for the procurement of six CH-47F Block II remanufactured cargo helicopters, according to the contract announcement.

The award is directed to Boeing’s Ridley Park, Pennsylvania facility. The solicitation was conducted online and produced a single bid.

Details in the award state that work locations and the allocation of funds will be identified as each order under the contract is placed. The estimated completion date for the contract work is Aug. 31, 2031.

The Army Contracting Command at Redstone Arsenal in Alabama is listed as the contracting activity for the procurement. The award is issued under contract number W58RGZ-21-D-0094 with the specific task order W58RGZ-26-F-0056.

This contract covers remanufacturing of CH-47F Block II cargo helicopters for the U.S. Army. The procurement structure is firm-fixed-price, establishing a set contract value of $326,050,000 for the six aircraft included in the award.

Given the contract language, funding and exact work locations will be defined as individual orders are placed under the overall contract. The timeline provided by the contracting activity puts the expected completion of the contract work in late August 2031.


Contextual notes

  • The contracting authority is Army Contracting Command, Redstone Arsenal, Alabama.
  • The contract is identified by the master contract W58RGZ-21-D-0094 and the task order W58RGZ-26-F-0056.
  • The solicitation for this award was conducted via the internet and recorded one bid.

The information provided in this report is based on the contract announcement and includes the contract value, the number and type of helicopters, the designated Boeing facility, the contracting office, and the estimated contract completion date.

Risks

  • The solicitation received a single bid, which may indicate limited supplier competition for this specific procurement - this could affect pricing or delivery dynamics in the defense and aerospace sectors.
  • Work locations and funding are to be determined with each order, introducing scheduling and budgetary uncertainty that could influence manufacturing and supply-chain planning in the aerospace and defense manufacturing sectors.
  • The estimated completion date of Aug. 31, 2031 indicates a long timeline, which carries program execution and schedule risk over multiple years for contractors and the Army logistics and procurement planners.

More from Stock Markets

OpenAI’s ChatGPT U.S. ad test hits $100 million annualized run-rate within six weeks Mar 26, 2026 FAA Opens Probe After Near-Collision Between United Jet and Army Black Hawk in California Mar 26, 2026 Mexican equities fall; S&P/BMV IPC drops 1.65% as industrial and consumer sectors weigh Mar 26, 2026 U.S. Employs Uncrewed Drone Speedboats for Patrols in Campaign Targeting Iran Mar 26, 2026 Federal Reserve Grants Morgan Stanley Bank Limited Exemption to Reorganize European Affiliate Mar 26, 2026