
India has decided to suspend the acquisition of six P-8 Poseidon anti-submarine patrol aircraft, manufactured by Boeing, after a significant increase in cost caused by tariffs imposed by the government of Donald Trump.
The increase, which raised the purchase price by more than 50%, has made the deal, valued at $2.42 billion, unfeasible.
With the rise in costs, the Indian Ministry of Defense has opted to strategically reassess the project, which could lead to the cancellation of the contract with the American manufacturer. The country had already acquired eight units of the model in 2009, for $2.2 billion, and ordered another four in 2016, valued at $1 billion.
The P-8 Poseidon aircraft are replacing the old Tu-142M Soviet-made aircraft, which were used by the Indian Navy from 1988 to 2017. Meanwhile, India has received the first batch of AH-64E Apache attack helicopters, also produced by Boeing, to strengthen its military fleet.
Source: Militarnyi | Photo: X @BoeingDefense | This content was created with the help of AI and reviewed by the editorial team
With proven multi-mission maritime patrol capabilities, our P-8 Poseidon has been selected by nine countries — including Germany, Canada, and India. Through the #P8’s net-enablement, every aircraft can help provide information to keep our partners and allies protected. #SAS2024 pic.twitter.com/FsrVkNMAq7
— Boeing Defense (@BoeingDefense) April 9, 2024
