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Boeing Nabs $3.4 Billion in Orders for 17 P-8A Poseidon Aircraft

The U.S. Navy award includes 14 P-8s for the Royal Canadian Air Force and three for the German Navy.

Artist's rendering of Boeing's P-8A Poseidon maritime surveillance aircraft for Canada. [Courtesy: Boeing]
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Key Takeaways:

  • Boeing was awarded a $3.4 billion contract by the U.S. Navy for the production of 17 P-8A Poseidon maritime surveillance aircraft.
  • This order includes 14 P-8s for the Royal Canadian Air Force and three for the German Navy, significantly expanding their respective fleets.
  • The P-8A Poseidon, used for submarine hunting, anti-surface warfare, and intelligence, surveillance, and reconnaissance (ISR), will replace Canada's Lockheed CP-140 Auroras and increase Germany's existing P-8A fleet to eight, with deliveries expected by 2025-2026.
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Germany and Canada are cleared to expand their maritime surveillance fleets after the U.S. Navy awarded Boeing [NYSE: BA] a $3.4 billion contract for the production of 17 P-8A Poseidon aircraft, the manufacturer announced.

The Boeing 737-based Poseidon is used for submarine hunting, as well as anti-surface warfare, and intelligence, surveillance, and reconnaissance (ISR).

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