Boeing-Bell JV Wins $6.5B Navy Osprey Aircraft Order; James O’Donnell Comments

BoeingLogoBoeing (NYSE: BA) and Textron (NYSE: TXT) subsidiary Bell Helicopters joint venture has won a five-year $6.5 billion U.S. Navy contract for 99 V-22 Osprey aircraft, DoD Buzz reported Tuesday.

Richard Sisk writes the JV will produce 92 MV-22 Ospreys for the Marine Corps and seven units of the CV-22 variant for the Air Force under the contract, with an option for 22 additional aircraft.

James O’Donnell, a spokesman for the Naval Air Systems Command’s V-22 Joint Program Office, told DoDBuzz the order also includes advanced radars and fuel tanks for U.S. special forces operations.

Boeing and Bell jointly designed the Osprey to take off and land like a helicopter and fly in fixed-wing mode.

“Since 2007, V-22s have been continuously forward-deployed in a range of combat, humanitarian  special operations roles, ” O’Donnell said.

“Additionally, V-22s are being deployed and assigned around the globe from East Asia to Europe in support of our Marine Corps and Air Force warfighters, ” he added.

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