Pentagon Awards Two Contracts Worth $1 Billion

Boeing has won a firm-fixed price, option eligible, multi-year contract estimated at $904 million for 36 new Block III Apache Helicopters (AH-64E) for the Republic of Korea to include logistical support, spares and one Longbow crew trainer. 

Northrop Grumman Corp has also won a $152 million contract modification which incorporates twelve outstanding contract changes which consist of requests for equitable adjustment (REAs); change order proposals (COPs); engineering change proposals (ECPs) at an increase in estimated cost and fixed fee of $137 million and $15 million respectively.

The effort for the REAs, COPs and ECPs has been completed. This contract evolved from the National Polar Orbiting Operational Environmental Satellite System (NPOESS) contract with NGAS.