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Friday, October 05, 2012

Aust invests in maritime aircraft project

P-8A Poseidon |Australia will commit further funds toward the development of Boeing P-8A Poseidon maritime patrol aircraft, to replace the RAAF's ageing AP-3C Orions from the end of this decade.

Defence Minister Stephen Smith and Minister for Defence Materiel Jason Clare have signed a new agreement with the United States Navy to participate in the third P-8A development stage, contributing $73.9 million towards the project.

That formalises Australia's ongoing participation in the US$5 billion project.

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