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U.K. reaches $2 billion deal to upgrade Chinook fleet By Dan Parsons | May 13, 2021 Estimated reading time 4 minutes, 49 seconds. The U.K. has reached a deal worth nearly $2 billion to upgrade 14 of the Royal Air Force’s H-47 Chinook helicopters with a beefed-up airframe and modern avionics over the next decade. Announced May 13, the £1.4 billion ($1.96 billion) order is part of a larger £85 billion ($119 billion) investment in military equipment over the next four years to reform and r...