Boeing Wins US Navy's $800M P-8A Contract

The United States Navy has awarded Boeing a contract worth $800 million to procure long material for the production of P-8A Poseidon aircraft.

"This modification contract procures long lead material and activities in support of lot 11 P-8A aircraft production and delivery," the US Department of Defense said in a statement Thursday.

The purpose of this contract modification is to procure long-lead material and activities in support of 18 P-8A Lot 11 aircraft (8 Navy, 4 New Zealand, and 6 Republic of Korea).

The mission of the P-8A MMA is to provide long-range anti-submarine warfare, anti-surface warfare, intelligence surveillance and reconnaissance capable of broad-area, maritime and littoral operations.

Work is expected to be completed by June 2020.