The Department of Defense announced today a $60,843,705 contract to Boeing for the company’s continued work on the P-8A Poseidon aircraft.
The aircraft is utilized in anti-submarine and anti-surface warfare, and is enabled to conduct electronic signals intelligence missions.
In August 2015, the Navy signed a $1.9 billion contract with Boeing for the delivery of 13 additional P-8A’s, bringing numbers of aircraft in the U.S. Navy’s fleet to 62 (the Navy has stated its hopes to eventually include 117 of the aircraft in its arsenal.)
Boeing has additional contracts to deliver versions of the aircraft to India, Australia and the United Kingdom.
In a March 2016 report to Congressional committees, Defense Acquisitions: Assessments of Selected Weapon Program, the GAO listed the P-8A as one of ten Department of Defense programs with the highest total acquisition costs for fiscal year ending 2015. It is estimated the Navy will spend approximately $33.5 billion dollars in its efforts to replace the Navy’s fleet of P-3C Orion aircraft.
The P-8A is a commercial item, produced on Boeing’s 737 production line, which the Department of Defense hopes will keep production on schedule and under budget.
“Contracts for August 5, 2016.” U.S. DEPARTMENT OF DEFENSE. Web. 05 Aug. 2016.
“Defense Acquisitions: Assessments of Selected Weapon Programs”, GENERAL ACCOUNTING OFFICE, Web. Mar. 2016.