Author: Nichols Martin|| Date Published: March 1, 2019
Boeing (NYSE: BA) will obtain long lead materials and related services for the eleventh batch of P-8A Poseidon maritime patrol aircraft units under a $428.8M advanced acquisition contract modification.
The modification funds procurement of items needed to build six P-8As for the U.S. Navy, four for New Zealand and another six for South Korea, the Department of Defense said Thursday.
Purchase details are as follows:
Navy: $180MM
New Zealand: $87.9M
South Korea: $160.9M
The Pentagon expects work to be complete by June 2020.
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Boeing (NYSE: BA) will obtain long lead materials and related services for the eleventh batch of P-8A Poseidon maritime patrol aircraft units under a $428.8M advanced acquisition contract modification.
