Boeing Awarded $41.5 Million Apache Reset Contract

The U.S. Army awarded Boeing [NYSE:BA] a $41.5 million contract for the refurbishment of 70 Apache AH-64 Helicopters under the Reset program.

This is a follow-on to a contract awarded in 2004 for the reset of 15 Apaches. Work for this program is performed at the Boeing Logistics Support Systems Williams Gateway site in Mesa, Ariz., and is designed to quickly return heavily used Apaches and Apache Longbows to active service following their return from operational deployments. The aircraft, which are extensively used in desert and other extremely harsh environmental conditions, are rapidly restored to pre-deployment condition.

"The Army needs rapid turnaround of the Apache to accomplish its mission," said Mark Bass, vice president, Army Support Programs for Logistics Support Systems, part of Boeing Integrated Defense Systems. "Excellent performance on the first contract gave the Army confidence they could count on Boeing to assume a larger role in the Reset program. This is a win for the customer and a win for Boeing."

The Apache Reset program goal is to return aircraft to service in 60 days. Work performed includes intense cleaning and repair of all components, material management and parts for critical shortage items, repairs for battle and crash damage and complete testing of the aircraft after all maintenance is finished.

A unit of The Boeing Company, Boeing Integrated Defense Systems is one of the world's largest space and defense businesses. Headquartered in St. Louis, Boeing Integrated Defense Systems is a $30.5 billion business. It provides network-centric system solutions to its global military, government, and commercial customers. It is a leading provider of intelligence, surveillance and reconnaissance systems; the world's largest military aircraft manufacturer; the world's largest satellite manufacturer and a leading provider of space-based communications; the primary systems integrator for U.S. missile defense; NASA's largest contractor; and a global leader in sustainment solutions and launch services.
For further information:
Tom LaRock
Logistics Support Systems
Paul Guse
Logistics Support Systems