Boeing awarded contract to build 17 Poseidon aircraft

Boeing was awarded a $2.1 billion contract modification by the U.S. Navy for the production and delivery of 17 P-8A Poseidon aircraft.

The contract includes the production of 11 planes for the U.S. Navy, two for foreign military sales customers and four for cooperative agreement partners. The U.S. Department of Defense did not disclose the identity of the foreign recipients.

Also included in the deal are manufacturing orders for long lead parts, obsolescence monitoring, and integrated baseline program management reviews.

Boeing will perform most of the work in Seattle, Wash., in addition to Baltimore, Md., Greenlawn, N.Y., and several other locations. The contract is expected to be complete by December 2020.

The company received $1.7 billion in fiscal 2017 aircraft procurement and foreign military sales funds at the time of the contract award, none of which will expire at the end of the current fiscal year.

Boeing's P-8A Poseidon aircraft is an intelligence, surveillance and reconnaissance platform designed to perform anti-submarine warfare and anti-surface warfare. Aside from the United States, additional primary operators include India and Australia.