The Boeing Company (BA) was awarded an $854.7 million contract modification from the U.S. Navy for the production and delivery of four P-8A Lot 13 aircraft for Foreign Military Sales customers, the U.S. Department of War said in a release.
The modification also includes additional non-recurring engineering work related to diminishing manufacturing sources and material shortages, software integration, and hardware updates for the P-8A aircraft for the Navy and foreign military sales customers.
Work is expected to be completed by September 2030.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.