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 Department of the Army has issued a presolicitation notice for a potential $270 million multiple-award indefinite-delivery/indefinite-quantity contract that would…
Ignacio “Iggy” Alvarez has been promoted to executive vice president and general manager, Air Force at Astrion. The Huntsville, Alabama-based company said…
