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Boeing Wins $3.9 Billion Navy Contract

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(Boeing Co.)
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An artist's rendition shows the Boeing 737 Multi-mission Maritime Aircraft.

By Matt Sepic, KWMU

St. Louis – Boeing's St. Louis-based Integrated Defense Systems will lead the design and production of a new Navy patrol plane.

The company announced Monday that it won the $3.9 billion contract.

Boeing will build more than 100 planes. They'll replace the P3 Orion.

The Navy chose the Boeing 737 over a Lockheed Martin turboprop design.

The decision comes as Boeing is waiting to hear whether it will be able to move forward with its deal to supply 100 airborne tankers to the Air Force, based on a conversion of its 767 passenger jet.

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