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03:29 AM, June 30, 2018
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Bell Boeing Wins $4.1 Billion to Manufacture 78 V-22 Tiltrotor Aircraft
V-22 Osprey rotorcraft (Image: wikipedia)

Bell Boeing has won $4.1 billion modification to convert the previously awarded V-22 tiltrotor aircraft advance acquisition contract to a fixed-price-incentive-fee multiyear contract. 

This contract provides for the manufacture and delivery of 39 CMV-22B aircraft for the Navy; 34 MV-22B aircraft for the Marine Corps; 1 CV-22B for the Air Force; and 4 MV-22B aircraft for the government of Japan, the US department of defense said in a statement Friday. 

Work is expected to be completed in November 2024.  This modification combines purchases for the Navy ($2.8 billion); Marine Corps ($1 billion); Air Force ($75.7 million); and the government of Japan ($230 million), under the Foreign Military Sales program.  The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.

Update: 

The US department of defense made a correction to the contract modification:

“The award should have stated that the Marine Corps would receive 14 MV-22B aircraft.  All other contract information is correct,” the DoD statement said Tuesday.

Therefore, the contract modification is for the manufacture of 58 MV-22 aircraft and not 78.

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