FORT BELVOIR, Va. In April, the Army completed the sale of the first 10 CH-47D Chinook helicopters that were auctioned through the General Services Administration website.
The auction for the first two CH-47D aircraft began in December. The Cargo Helicopters Project Office, while working on divesting some of the older D-model aircraft, discovered the GSA had an established an aircraft sales program and determined this option was beneficial for the Army and taxpayers.
Were producing and fielding F model Chinook helicopters, and as we do that, were looking for options to create value back to the government with these D models, Cargo Helicopters project manager Col. Rob Barrie said. Theyve provided great service to our country over the years, and now were looking for the best way to either demilitarize them, sell them or recapitalize them back into our production.
Barrie said the sale through GSA generates cost savings by bringing money back to the government that the Army can use to avoid costs.
We are avoiding the cost of approximately $250,000 per aircraft the government would have acquired to demil the aircraft, Barrie said.
Funds from the sale more than $28 million are being reinvested to buy new CH-47F Chinooks.
Ten CH-47D helicopters were sold to three companies between December and April.
Sales prices ranged from $2 million to a little more than $3.5 million. All sales are aircraft condition dependent, and all of the CH-47D aircraft on auction were sold as is and where is. The Army has been authorized to sell up to 20 D-model Chinooks this year that would have otherwise been demilitarized. The second auction for two aircraft began Thursday in Delaware.
For more information regarding the CH-47D Chinooks on auction, visit the GSA auction website at gsaauctions.gov.