ARLINGTON, Va., Nov. 30,
2023 /PRNewswire/ -- The Government of Canada has
signed a Foreign Military Sales Letter of Offer and Acceptance for
up to 16 Boeing [NYSE: BA] P-8A Poseidon aircraft, as part of the
Canadian Multi-Mission Aircraft (CMMA) project. Canada joins eight
defense partners, including all of the FIVE EYES allies, the
intelligence alliance that also includes the United States, United Kingdom, Australia and New
Zealand, and becomes the fifth NATO nation to have selected
the P-8 as its multi-mission aircraft. First delivery is expected
in 2026.
"The P-8 will bolster Canada's defense capability and readiness,
and we look forward to delivering this capability to the Royal
Canadian Air Force," said Heidi
Grant, president, Business Development for Boeing Defense,
Space & Security. "Together with our Canadian partners, we will
deliver a strong industrial and technological benefit package that
guarantees continued prosperity to Canada's aerospace and defense
industry."
The P-8 is the only proven, in-service and in-production
solution that meets all CMMA requirements, including range, speed,
endurance and payload capacity. This decision will benefit hundreds
of Canadian companies, and bring decades of prosperity to Canada
through platform sustainment delivered by our Canadian industry
partners.
The P-8 acquisition will generate benefits of nearly 3,000 jobs
and $358 million annually in economic
output to Canada, according to a 2023 independent study by
Ottawa-based Doyletech
Corporation.
"This is a very important day for the Royal Canadian Air Force
and for Boeing," said Charles "Duff" Sullivan, managing director,
Boeing Canada. "The P-8 offers unmatched capabilities and is the
most affordable solution for acquisition and life-cycle sustainment
costs. There's no doubt the P-8 will protect Canada's oceans and
its borders for future generations."
Team Poseidon forms the cornerstone of Boeing's P-8 Canadian
industry partnership, consisting of CAE, GE Aviation Canada, IMP
Aerospace & Defence, KF Aerospace, Honeywell Aerospace Canada,
Raytheon Canada, and StandardAero.
The team builds on the existing 81 Canadian suppliers to the P-8
platform and to more than 550 Boeing suppliers across all provinces
contributing to the company's annual ~CAD $4
billion in economic benefit to Canada, supporting more than
14,000 Canadian jobs.
With more than 160 aircraft delivered or in service, and 560,000
collective flight-hours, the P-8 has proven capabilities
for anti-submarine warfare, anti-surface warfare,
intelligence, surveillance, reconnaissance, and humanitarian
assistance/disaster relief response.
As a leading global aerospace company, Boeing develops,
manufactures and services commercial airplanes, defense products
and space systems for customers in more than 150 countries. As a
top U.S. exporter, the company leverages the talents of a global
supplier base to advance economic opportunity, sustainability and
community impact. Boeing's diverse team is committed to innovating
for the future, leading with sustainability, and cultivating a
culture based on the company's core values of safety, quality and
integrity. Join our team and find your purpose at
boeing.com/careers.
Contact
Marcia Costley
+1 (714) 316-4267
marcia.b.costley@boeing.com
Cynthia Waldmeier
+1 (613) 323-4176
cynthia.waldmeier@boeing.com
Boeing Media Relations
media@boeing.com
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SOURCE Boeing