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 by James Laporta Washington (UPI) May 1, 2018
Republic of Korea is set to receive 36 AH-64E Apache helicopters in a new agreement between the U.S. Army and Boeing. The deal, announced Monday by the Department of Defense, is valued at more than $96.3 million under the terms of a hybrid cost, cost-plus-fixed-fee and firm-fixed-price foreign military sale contract for the attack helicopters, the Pentagon said in a press release. Work on the contract will occur in Mesa, Ariz., and is expected to be complete in April 2023. More than $9.4 million will be obligated to Boeing at time of award. The funds will be allocated from fiscal 2010 foreign military sales funds, according to the U.S. Army Contracting Command.
Ukraine offers to provide NATO with cargo aircraft Kiev (AFP) April 27, 2018 Ukraine's state-run Antonov Airlines said Friday it is willing to provide more cargo planes to NATO after a Russian company said it would halt its contract with the transatlantic alliance at the end of the year. Earlier this month, Russian aircraft provider Volga-Dnepr - a world leader in transporting oversize and heavy air cargo - said it would not extend its contract for the provision of its Soviet-designed Antonov 124s to NATO armies. The halt of the contract, which Volga-Dnepr had renewed ... read more
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