Not surprisingly, Boeing’s Ridley Park helicopter factory has seen an uptick in orders as a result of the Ukraine war, writes Joseph N. DiStefano for The Philadelphia Inquirer as reported in pennlive.com.

Boeing’s Ridley Park plant was one of the first contracts announced since the Ukraine war began. It is supplying Germany with 60 Chinook CH-47F heavy-lift helicopters, at a cost of more than $5 billion.

The plant, with more than 4,000 workers, is the Philadelphia area’s largest remaining industrial employer. It’s expected the German order will help keep the plant busy for the next few years.

While war suppliers are benefitting, others have taken a hit.

EPAM, an information technology outsourcing firm in Newtown, Bucks County, had more than 20,000 staff in Russia, Ukraine and Belarus. More than half of the company’s $5 billion outsourcing work was done in Ukraine, Russia, or Belarus

EPAM shares lost half their value and the company incurred expenses moving staff to safer areas.

 “The war took a year of our life, a year of our growth,” said EPAM chief executive Arkadiy Dobkin. “But we know all too well that it’s nothing in comparison to what people in Ukraine must go through today.”

Read more about the local business impact from the Ukraine war at pennlive.com.

A bomb developed at Boeing is being delivered to Ukraine in early spring 2023.