$2.2 Bil­lion Boe­ing Con­tract Funds P-8 Air­craft for US, Aus­tralia and UK

India Strategic - - INDUSTRY -

SEATTLE. Boe­ing, the US Navy, the Royal Aus­tralian Air Force and the United King­dom Royal Air Force will con­tinue mod­ernising global mar­itime pa­trol ca­pa­bil­i­ties through a $2.2 bil­lion con­tract awarded March 30 for at least 17 P-8A Po­sei­don air­craft. The agree­ment also in­cludes op­tions for 32 ad­di­tional air­craft, as well as money for long-lead parts for fu­ture orders. Af­ter ex­er­cis­ing all op­tions, the to­tal con­tract value will be $6.8 bil­lion. This com­pre­hen­sive award re­flects a com­mit­ment by Boe­ing and the Navy to achieve pric­ing and pro­duc­tion sta­bil­ity, two keys of suc­cess­ful pro­gramme per­for­mance.

“The P- 8A is a text­book ex­am­ple of Boe­ing’s com­mer­cial de­riv­a­tive ex­per­tise,” said Jamie Burgess, vice pres­i­dent of Boe­ing Mil­i­tary Air­craft’s Mo­bil­ity, Sur­veil­lance & En­gage­ment divi­sion and the P-8 pro­gram man­ager. “Every day our cus­tomers get to fly in­cred­i­ble air­craft that per­form ex­cep­tion­ally well and are built by the best of Boe­ing.”

US Navy will re­ceive 11 air­craft, while Aus­tralia will ex­pand its P-8A fleet with four more. The UK’s first two P-8A jets are part of the agree­ment, with first de­liv­ery set for 2019.

Boe­ing so far has de­liv­ered 53 Po­sei­dons to the US Navy and two to the Royal Aus­tralian Air Force.

Based on Boe­ing’s Next- Gen­er­a­tion 737- 800 com­mer­cial air­plane, the P- 8A of­fers the world’s most ad­vanced an­ti­sub­ma­rine, anti-sur­face war­fare and in­tel­li­gence, sur­veil­lance and re­con­nais­sance ca­pa­bil­i­ties. The US Navy has de­ployed mul­ti­ple squadrons around the globe since op­er­a­tions be­gan in 2013, ac­cu­mu­lat­ing more than 96,000 flight hours to date.

No­tably, the In­dian Navy cur­rently flies the P-8I vari­ant of the air­craft. They have re­ceived eight air­craft to date and in July 2016 signed a con­tract for four ad­di­tional P-8Is.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.