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Friday, February 04, 2011

Indian Navy to buy four more P-8Is aircraft

P-8A PoseidonThe Indian Navy has decided to exercise its option for an additional four Boeing P-8I long-range maritime reconnaissance aircraft in a bid to boost its maritime patrol capabilities as well as counter piracy threats and the growing Chinese influence in the Indian Ocean.

In a deal expected to range between $1 billion to $1.5 billion, the new aircraft will be in addition to the eight the Navy had ordered in January 2009, for about $2.1 billion.

The new contract price is also expected to include the cost of aero-structures and avionics.

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