Boeing completes F/A-18E/F, EA-18G deliveries ahead of schedule, on budget
ST. LOUIS, 29 Feb. 2012. Boeing (NYSE:BA) has completed delivery of 257 F/A-18E/FSuper Hornet strike fighters and EA-18G Growler electronic attack aircraft to the U.S. Navy--each of which was delivered ahead of schedule and within the contract budget.
"Super Hornets and Growlers provide unmatched, proven and affordable capability for U.S. Navy carrier strike groups around the globe," says Mike Gibbons, vice president, Boeing F/A-18 and EA-18 Programs. "Boeing and its more than 1,900 Super Hornet and Growler suppliers are committed to ensuring this nation's warfighters have the advanced capability they need, on time and on budget, as promised."
The aircraft were delivered to the Navy from 2007 through 2011 under a multi-year procurement (MYP) contract Boeing won on Dec. 29, 2003 and the Navy funded during fiscal years 2005-2009.
The initial MYP II contract award included 210 F/A-18E/F and EA-18G aircraft. Through fiscal year 2009, 47 more aircraft were added to the contract, including 24 F/A-18Fs acquired by the Royal Australian Air Force under a Foreign Military Sales agreement with the U.S. Navy.
On Sept. 28, 2010, the Navy awarded Boeing the MYP III contract for delivery of 66 F/A-18E/Fs and 58 EA-18Gs, to be purchased through 2013.
Boeing delivered 210 Super Hornets to the Navy during MYP I, which spanned fiscal years 2000 through 2004. Procuring aircraft through the first two multi-year contracts generated $1.7 billion in savings for the Navy, says a Boeing spokesperson. MYP III is projected to generate more than $600 million in savings, with total savings of more than $2.3 billion across the three F/A-18E/F and EA-18G contracts, the spokesperson adds.
