Tuesday, July 03, 2018

US Navy set to receive 39 CMV-22B's...

via Press Release.
Bell Boeing is being awarded a contract conversion in support of the V-22 aircraft. The conversion into a fixed-price-incentive-fee multiyear contract is valued at $4.1 billion and provides for the manufacturer and delivery of 78 V-22s. Under the contract the Navy will receive 39 CMV-22Bs, 34 MV-22Bs are marked for the Marine Corps, the US Air Force will receive 1 CV-22B and the government of Japan will take delivery of 4 MV-22Bs. V-22 Initial Operational Capability didn’t begin until 2007, about 24 years after the initial design contract. A long series of design issues and mass-fatality crashes almost got the program canceled, but Congressional industrial lobbying preserved it. This modification combines purchases for the Navy ($2,8 billion); Marine Corps ($1,03 billion); Air Force ($75,7 million); and the government of Japan ($230,2 million), under the Foreign Military Sales program. Work will be performed at various locations inside and outside the continental US. Locations include Fort Worth, Texas; East Aurora, New York; Rockford, Illinois. It is expected to be completed by November 2024.

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