Stock Markets May 27, 2026 05:30 PM

Boeing Receives $854.7M Modification to Build Four P-8A Lot 13 Aircraft for Foreign Buyers

Contract covers production, engineering work to address supply chain and software/hardware updates; majority of work to be carried out in Seattle

By Priya Menon BA

The U.S. Department of War has awarded Boeing Co. (NYSE:BA) an $854,672,911 contract modification to produce and deliver four P-8A Lot 13 aircraft to Foreign Military Sale customers. The modification includes both production and non-recurring engineering elements aimed at addressing diminishing manufacturing sources and material shortages, along with software integration and hardware updates for Navy and FMS operators. Naval Air Systems Command in Patuxent River, Maryland, is the contracting authority, and work is expected to be completed by September 2030.

Boeing Receives $854.7M Modification to Build Four P-8A Lot 13 Aircraft for Foreign Buyers
BA

Key Points

  • The U.S. Department of War awarded Boeing a $854,672,911 contract modification to produce and deliver four P-8A Lot 13 aircraft to Foreign Military Sale customers.
  • The modification includes non-recurring engineering to address diminishing manufacturing sources and material shortages, plus software integration and hardware updates for Navy and FMS customers.
  • Work is primarily concentrated in Seattle (98.22%), with smaller portions in Huntington Beach (1.1%) and various continental U.S. locations (0.68%); completion is expected by September 2030.

The U.S. Department of War has granted Boeing Co. (NYSE:BA) a contract modification valued at $854,672,911 for the production and delivery of four P-8A Lot 13 aircraft destined for Foreign Military Sale customers.

The modification expands a firm-fixed-price, cost-plus-fixed-fee agreement to include multiple elements beyond aircraft production. Specifically, the work encompasses non-recurring engineering efforts to address P-8A diminishing manufacturing sources and material shortages, in addition to software integration and hardware updates intended for both the U.S. Navy and the FMS customers covered by the award.

Naval Air Systems Command, located in Patuxent River, Maryland, is listed as the contracting activity for the award. The contract documentation specifies the geographic distribution of the work: Seattle, Washington will account for 98.22% of the effort; Huntington Beach, California will account for 1.1%; and various other locations within the continental United States will comprise the remaining 0.68%.

Completion of the contracted work is expected by September 2030. At the time of award, Foreign Military Sales customer funds totaling $852,589,326 and fiscal 2024 Navy aircraft procurement funds totaling $2,083,585 will be obligated. The notice further states that the Navy procurement funds will expire at the end of the current fiscal year.

The modification was awarded on a non-competitive basis, as noted in the contract announcement.


Implications for production and supply chain

While the award is centered on the production and delivery of four P-8A Lot 13 aircraft, the inclusion of non-recurring engineering work to address diminishing manufacturing sources and material shortages highlights an explicit focus on managing supplier and parts availability challenges within the program. The contract's software integration and hardware update components indicate ongoing sustainment and capability-improvement tasks alongside physical aircraft production.

Funding and schedule considerations

The obligation of $852,589,326 in FMS customer funds and $2,083,585 in fiscal 2024 Navy aircraft procurement funds clarifies the immediate financial posture of the award. Stakeholders should note the expiration clause attached to the Navy funds, which will lapse at the end of the current fiscal year. The program timeline points to an expected completion in September 2030, establishing a multi-year delivery and engineering window for the work laid out in the modification.

All figures, contract types, locations and timelines are taken from the contract announcement as provided.

Risks

  • The contract explicitly identifies diminishing manufacturing sources and material shortages as areas requiring non-recurring engineering, indicating supply-chain and parts-availability risks for the aerospace sector.
  • Fiscal 2024 Navy aircraft procurement funds of $2,083,585 obligated at award will expire at the end of the current fiscal year, creating a timing constraint on that portion of funding for government procurement and defense budgets.
  • The award was not competed, which may introduce program and procurement uncertainties related to sourcing and oversight that affect defense contracting dynamics.

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