Boeing Helicopters Gain as Lawmakers Reject Army’s Planned Cut

Sept. 12, 2019, 6:15 PM UTC

Boeing Co. is poised for a major victory in Congress as committees that draft military spending legislation moved to fund an advanced version of its Chinook helicopters, rejecting the Army’s proposal to stop purchasing the aircraft.

The Senate Appropriations panel added $28 million in advance procurement funds for continued production of the Chinook CH-47 Block II, and asked the secretary of the Army to assess increased costs and production issues that could delay a “successful program” before submitting budget request for fiscal 2021.

Chicago-based Boeing benefited from the backing of a bipartisan group of lawmakers from Pennsylvania, Delaware and New ...

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