Boeing Lands $276M Navy Contract Modification for 2 Lot III P8-A Aircraft

Boeing (NYSE: BA) has received a potential $3.4 billion contract from the U.S. Navy to produce 17 P-8A Poseidon aircraft for Canada and Germany. The company said Thursday it will manufacture 14 Poseidon planes for Canada’s air force and three units for the German navy. “The Poseidon is a proven aircraft, with more than 600,000

StandardAero will continue to provide maintenance and repair support for P-8A Poseidon maritime patrol and reconnaissance aircraft engines under a potential one-year, $209.5 million contract modification awarded by the U.S. Navy. The modification exercises an option on a previously awarded indefinite-delivery/indefinite-quantity contract and covers depot-level maintenance and repair of CFM56-7B27A/3 and CFM56-7B27AE engines in support

Boeing (NYSE: BA) and AAR‘s (NYSE: AIR) government services subsidiary were awarded contract modifications worth $182.8 million combined to help repair, replace and maintain maritime patrol and reconnaissance aircraft engines for domestic and international military customers. Both contractors will deliver P-8A Poseidon aircraft depot-level maintenance and support services to the U.S. Navy, Australian government and