P-8A production contract awarded three months early following $60 million shortfall

By Justin Katz / January 30, 2019 at 11:02 AM
The Navy awarded its latest P-8A Poseidon Lot 10 contract three months early to ensure a $60 million budget shortfall did not slow down the production line. The $2.4 billion contract award to Boeing announced Jan. 25 includes 10 aircraft for the Navy, nine for foreign partners as well as engineering change proposals and other technical efforts, according to a Defense Department statement. The funding shortfall stemmed from a change in the Navy's budget between fiscal year 2018 and FY-19...

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