Canada Secures $10.4B Boeing Deal for P-8 Poseidons

Canada has officially announced a $5.9 billion deal to purchase 14 Boeing-made P-8A Poseidon maritime patrol aircraft, with an option to buy two more at a later date. The P-8A will replace Canada's aging CP-140 Aurora fleet, which has been in service for over 40 years. The delivery of the aircraft is expected to start in 2026, with the fleet becoming fully operational by 2033. The decision to acquire the P-8A was driven by the aircraft's proven capabilities and the need to address increasing threats, particularly in the Arctic. The deal includes additional spending on infrastructure, weapons, and simulators, and Boeing is expected to provide investment in the Canadian industry.
- Canada to buy Boeing-made Poseidons in $5.9 billion deal Defense News
- P-8 Poseidon Officially Chosen By Canada The War Zone
- Ottawa finalizes $10.4B deal for Boeing surveillance planes CBC News
- Bill Blair: Boeing's P-8A Poseidon aircraft the best option to replace Aurora planes National Post
- Boeing (NYSE:BA) Jumps on New Order - TipRanks.com TipRanks
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