News Release Issued: Mar
30, 2020 (5:30pm EDT)
To view this release
online and get more information about Boeing, visit: https://boeing.mediaroom.com/2020-03-30-Boeing-Receives-1-5-Billion-P-8A-Poseidon-Contract-From-U-S-Navy
Boeing Receives $1.5 Billion P-8A Poseidon Contract From U.S. Navy
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ARLINGTON, Va., March 30, 2020 —
The U.S. Navy awarded Boeing [NYSE: BA] a $1.5 billion production
contract for the next 18 P-8A Poseidon aircraft. The contract includes eight
aircraft for the U.S. Navy, six aircraft for the Republic of Korea Navy and four
aircraft for the Royal New Zealand Air Force.
The Republic of Korea Navy and Royal New
Zealand Air Force acquired the aircraft through the Foreign Military Sales
process and will receive the same P-8A Poseidon variant designed and produced
for the U.S. Navy. The Royal New Zealand Air Force is expected to begin
receiving aircraft in 2022 and the Republic of Korea Navy is expected to begin
receiving aircraft in 2023.
The P-8 is a proven long-range
multi-mission maritime patrol aircraft capable of broad-area, maritime and
littoral operations. A military derivative of the Boeing 737 Next-Generation
airplane, the P-8 combines superior performance and reliability with an advanced
mission system that ensures maximum interoperability in the battle space.
The P-8 is militarized with maritime
weapons, a modern open mission system architecture and commercial-like support
for affordability. The aircraft is modified to include a bomb bay and pylons for
weapons. It has two weapons stations on each wing and can carry 129 sonobuoys.
The aircraft is also fitted with an in-flight refueling system.
With more than 254,000 flight hours to
date, the P-8A Poseidon and P-8I variants patrol the globe performing
anti-submarine and anti-surface warfare; intelligence, surveillance and
reconnaissance; humanitarian; and search and rescue missions.
For more information on Boeing Defense,
Space & Security, visit www.boeing.com. Follow us on Twitter: @BoeingDefense and @BoeingSpace.
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