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.