U.S. Army’s Boeing CH-47F Chinook arrives ahead of the opening of the International Aerospace Exhibition ILA at Schoenefeld Airport in Berlin, Germany, June 21, 2022. REUTERS/Christian Mang BERLIN, Jan 19 (Reuters) – Germany’s planned purchase of 60 Chinook heavy-lift helicopters manufactured by Boeing (BA.N) to replace its ageing CH-53 fleet could cost twice as much as planned, Business Insider reported on Thursday, citing several government and industry sources. Six billion euros ($6.47 billion) had been budgeted for the helicopters, but the U.S. Army has signalled to Germany that the desired equipment is cost-intensive as some components have not even been fully developed, the German news outlet said. Expensive extra requests from Germany and inflation could raise the price to as much as 12 billion euros, the report said, adding that features such as aerial refuelling and special rotor blades were not yet available. "We haven’t yet received the letter of offer and acceptance from the U.S., so we cannot make any statement as to the price," a ministry spokesperson in Berlin said. A Boeing spokesperson declined to comment on the prices, noting that this was a deal between governments and the company was a supplier to the U.S. Army. […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
