Boeing Bags $3.4B US Navy Contract For Poseidon Aircraft

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The U.S. Navy has awarded Boeing Company (NYSE:BA) a $3.4 billion contract to manufacture P-8A Poseidon aircraft for the Royal Canadian Air Force and three additional P-8s for the German Navy.

In November 2023, Canada announced its decision to acquire the P-8A Poseidon to replace its current fleet of CP-140 Auroras. The first P-8A for Canada is expected to be delivered in 2026.

The first P-8A for Canada is expected to be …

Full story available on Benzinga.com


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