Author: Mary-Louise Hoffman|| Date Published: March 19, 2021
A joint venture between Boeing (NYSE: BA) and Textron’s (NYSE: TXT) Bell subsidiary has been awarded a four-year, $182.2 million contract modification to repair MV-22B Osprey tiltrotor aircraft as part of the U.S. Navy’s common configuration readiness and modernization efforts.
Bell-Boeing Joint Project Office will also manufacture two units of the military tiltrotor platform’s special operations variant, CV-22B, for the U.S. Air Force, the Department of Defense said Thursday.
The Navy will pay $13.5 million for aircraft post-production services while USAF will obligate $168.7 million for its orders under the contract modification.
Naval Air Systems Command is the contracting activity and expects the industry team to complete work in March 2025.
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman…
The Defense Health Agency has awarded TriWest Healthcare Alliance $6.8 billion to continue providing healthcare and administrative services in support…
