Author: Nichols Martin|| Date Published: January 7, 2022
A joint venture between Boeing (NYSE: BA) and Textron‘s (NYSE: TXT) Bell subsidiary has secured a potential four-year, $1.64 billion contract to provide hardware supply support for Osprey military tiltrotor aircraft being used by the U.S. Navy, Marine Corps and the Air Force.
Bell Boeing will help the three service branches manage an inventory of 228 CMV-22, MV-22B and CV-22 aircraft components under the firm-fixed-price, performance-based logistics requirements contract from Naval Supply Systems Command, the Department of Defense said Thursday.
The JV is set to receive a $246.6 million initial delivery order and a funding commitment of an additional $82.2 million for work to be carried out through December 2022.
Ninety-seven percent of efforts under the contract will take place in Texas and the remaining 3 percent in Pennsylvania, through December 2026.
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…
HawkEye 360, provider of space-based signals intelligence, has acquired Innovative Signal Analysis, a Dallas, Texas-based company manufacturing high-performance signal-processing technologies.…
