After trials with the XPB2Y-1 prototype revealed some stability issues, the design was finalized as the PB2Y-2, with a large cantilever wing, twin tail with very marked dihedral, and four Pratt & Whitney R-1830 radial engines. The two inner engines were fitted with four-bladed reversible pitch propellers; the outer engines had standard three-bladed feathering props. Like the PBY Catalina before it, the PB2Y's wingtip floats retracted to reduce drag and increase range, with the floats' buoyant hulls acting as the wingtips when retracted. The price of the PB2Y-2 was US$300,000, or approximately three times that of the PBY Catalina.