Home / Contract Awards / Bell Boeing Lands $1.1B Contract for Navy, Air Force Osprey Component Support

Bell Boeing Lands $1.1B Contract for Navy, Air Force Osprey Component Support

A joint venture between Boeing (NYSE:BA) and Textron‘s (NYSE: TXT) Bell subsidiary has received a potential three-year, $1.10B contract to provide logistics and repair services for components of the Osprey joint service multirole combat aircraft fleet.

Bell Boeing Joint Project Office will support 225 parts in MV-22B, CMV-22 and CV-22 planes operated by the U.S. Navy and the U.S. Air Force, the Department of Defense said Thursday.

The non-competitive contract has a one-year base value of $298M along with options that would extend work through December 2021.

The Navy will initially allocate $62M in working capital funds for an undefinitized contractual action delivery order.

Eighty-percent of work will take place in Fort Worth, Texas, and the remaining 20 percent will occur in Ridley Park, Pa.

Check Also

Leonardo’s Single-Engine Training Helicopter Gets FAA Certification

Leonardo's training helicopter offering for the U.S. Navy has received supplemental type certification from the Federal Aviation Administration under instrument flight rules. TH-119 is based on the AW119 single-engine helicopter and designed to operate in low visibility and extreme weather conditions, the company said Thursday.

Raytheon to Support UK’s Smallsat Development Efforts via Public-Private Collaboration; Dave Wajsgras Quoted

Raytheon (NYSE: RTN) has agreed to join the Artemis Industry Association under an agreement with the U.K. ministry of defense to help the British government further its small satellite programs and develop space technology platforms.