Our Bureau
03:42 PM, July 1, 2015
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The Boeing has won a $358.9 million modification contract for 25 US Navy’s and four Royal Australian Air Force’s P-A Poseidon aircraft.

This contract combines purchase for the US Navy’s $219.4 million and the Government of Australia’s $139.5 million under a Cooperative Agreement.

Work is expected to be completed in December 2018.

Fiscal 2015 aircraft procurement (Navy) funds in the amount of $219.4 million and cooperative partner funds in the amount of $2.4 million will be obligated at time of award.

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