Germany signs on for Five Boeing P-8A Poseidon Aircraft

The German Ministry of Defense today signed a letter of offer and acceptance for five Boeing (NYSE:BA) P-8A Poseidon aircraft under the U.S. government's Foreign Military Sales (FMS) process. With this order, Germany becomes the eighth customer of the multimission maritime surveillance aircraft, joining the United States, Australia, India, the United Kingdom, Norway, Korea and New Zealand.

"Boeing is honored to provide Germany with the world's most capable maritime surveillance aircraft," said Michael Hostetter, Boeing Defense, Space & Security vice president in Germany. "We will continue to work with the U.S. government, the German government and industry to establish a robust sustainment package that will ensure the German Navy's P-8A fleet is mission ready."

The P-8A Poseidon offers unique multimission capability and is the only aircraft in service and in production that meets the full range of maritime challenges faced by European nations. Deployed around the world with more than 130 aircraft in service, and over 300,000 collective flight hours, the P-8A is vital for global anti-submarine warfare, intelligence, surveillance and reconnaissance and search-and-rescue operations.

"Bringing this capability to Germany is not possible without the contributions of German industry," said Dr. Michael Haidinger, president of Boeing Germany, Central & Eastern Europe, Benelux and the Nordics. "With the P-8A, we will expand our collaboration with German companies, create new jobs and contribute to long-term local economic growth."

German companies that already supply parts for the P-8A include Aljo Aluminum-Bau Jonischeit GmbH and Nord-Micro GmbH. Recently, Boeing signed agreements with ESG Elektroniksystem-und Logistik-GmbH and Lufthansa Technik to collaborate in systems integration, training, support and sustainment work. By working with local suppliers, Boeing will provide support, training and maintenance solutions that will bring the highest operational availability to fulfill the German Navy's missions.

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 and living the company's core values of safety, quality and integrity. Learn more at www.boeing.com

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