State Department OKs Potential $2B Boeing Patrol Aircraft Sale to India

The State Department has cleared India’s request to buy an additional six P-8I maritime patrol aircraft, built by Boeing (NYSE: BA), and related equipment under a potential $2.42 billion foreign military sales agreement with the U.S. government.

The Defense Security Cooperation Agency said Friday the proposed deal will include the procurement of 12 LN-251 navigation systems, 42 AN/AAR-54 Missile Warning Sensors and eight units of the Multifunctional Information Distribution System-Joint Tactical Radio Systems 5.

Services under the possible FMS transaction encompass contractor engineering, logistics and program support.

India, which received its first P-8I in 2013, asked to procure more planes as part of maritime surveillance aircraft capability plan for the next three decades.

The country’s navy bought eight P-8Is from the Chicago-based planemaker in early 2009 through a direct commercial sale and ordered four more units in July 2016.

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