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Saturday, 22 September 2012

Boeing wins $1.9 billion deal for U.S. Surveillance

UPS Boeing 747-400F N572UP
(Reuters) - Boeing Co (BA.N) has won a $1.9 billion contract to build 11 more P-8 maritime surveillance planes for the U.S. Navy, the U.S. Defense Department said Friday. About three-quarters of the work on the P-8A Poseidon multi-mission maritime aircraft will be performed in Seattle, Washington under the U.S. Navy contract, the Pentagon said in its daily contract digest. This is the third batch of low-rate, production planes bought by the Navy, bringing the total number of P-8 planes under contract to 24, out of a total of 117 that the Navy plans to buy overall, Boeing spokesman Chick Ramey said. Boeing has delivered three of the new production planes to a Navy air base in Jacksonville, Florida and will deliver two more by the end of the year, Ramey said. Source: The Coming CrisisImage: flickr.com