Boeing Delivers First Canadian CH-147F Chinook

Boeing (NYSE: BA  ) is going to Canada.

On Thursday, the Canadian Department of National Defence announced that is has officially taken possession of the first of 15 Boeing CH-147F Chinook helicopters on order from Boeing, a model "designed especially for Canada's demanding operational and environmental requirements," according to the country's Associate Minister of Defence Kerry-Lynne D. Findlay.

As Findlay explains, Boeing modified its basic CH-47 helicopter to meet Canadian requirements for an advanced, multi-mission, medium- to heavy-lift helicopter equipped with long-range fuel tanks that allow it to fly twice as far as previous models, a state-of-the-art electrical system, advanced radar and laser warning systems, three defensive machine guns, and a laser-based active missile counter-measure system to defeat anti-aircraft missiles.

Canada estimates the total cost of the 15 Canadian-variant Chinooks at $4.8 billion, including $2.2 billion spent on the helos themselves, and an additional $2.6 billion to pay for a 20-year in-service support program. Canada noted that Boeing is expected to deliver all 15 helos on time and on budget.

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Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On June 29, 2013, at 6:42 AM, rudolfvs wrote:

    Hmm...

    Canada could save a lot of $ if it bought Russian helicopters.

  • Report this Comment On June 30, 2013, at 8:27 PM, tempest1944 wrote:

    Uhmmm....Minster of National Defence...Kerry-Lynne D. Findlay??? Someone FAILED. She is the ASSOCIATE Minister of National Defence. Peter MacKay is the Minister...she's his 2nd.

  • Report this Comment On July 01, 2013, at 11:03 AM, TMFKris wrote:

    @tempest1944: Thank you for pointing out the incorrect title. It has been corrected.

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