DTN News - DEFENSE NEWS: Boeing Receives $2.4 Billion Contract for 16 P-8A Poseidon Aircraft
(NSI News Source Info) TORONTO, Canada - February 25, 2014: Boeing's [NYSE: BA] P-8A Poseidon program will enter full production, following a $2.4 billion contract award from the U.S. Navy for 16 additional aircraft that will bolster maritime patrol capabilities.
The order, which will take the total fleet to 53, marks a transition from preliminary low-rate production.
Boeing has delivered 13 P-8As to the Navy, which deployed its first patrol squadron to Kadena, Japan in December 2013 and has been conducting operational missions since then.
"This milestone is a testament to the incredible effort and dedication of the team to deliver the P-8A to the fleet as planned," Navy P-8A program manager Capt. Scott Dillon said. "The future of the Maritime Patrol and Reconnaissance community has begun to make history with the P-8As already delivered to the fleet. These full-rate production aircraft will give us the opportunity to deliver the best system through a cost-effective procurement contract."
Based on Boeing's Next-Generation 737-800 commercial airplane, the P-8A will enhance the service's anti-submarine, anti-surface warfare and intelligence, surveillance and reconnaissance capabilities. Overall, the Navy plans to purchase 117 P-8As to replace its P-3 fleet.
>US Navy orders 1st full-rate production lot
Source: DTN News - - This article compiled by K. V. Seth from reliable sources Boeing
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