Our Bureau
09:29 AM, July 8, 2016
3212
CV-22 Osprey Tilt-Rotor Aircraft

Bell-Boeing has been awarded a contract estimated $73 million for the manufacture and delivery of one CV-22 Osprey tilt rotor aircraft for the US Air Force.

“Bell-Boeing Joint Project Office, Amarillo, Texas, is being awarded $73,939,536 for modification P00053 to the previously awarded fixed-price-incentive-firm target multi-year contract (N00019-12-C-2001). This modification provides for the manufacture and delivery of one CV-22 tilt rotor aircraft for the Air Force pursuant to the variation in quantity clause,” the US Department of Defense announced Thursday.

Work is expected to be completed in February 2020.

Fiscal 2016 aircraft procurement (Air Force) and fiscal 2016 special operations command funding in the amount of $73,939,536 will be obligated at time of award, none of which will expire at the end of the current fiscal year, the statement added.

Also Read
Features
More..