1-Bell, Boeing to get Rrder for 99 More V-22 Ospreys

June 10, 2013

WASHINGTON, June 10 (Reuters) - The U.S. Navy plans to sign this week a five-year contract valued just under $6.5 billion to buy 99 new V-22 Osprey tilt-rotor aircraft built by Boeing Co and Bell Helicopter, a unit of Textron Inc, the program's manager said in an interview on Monday.

Marine Corps Colonel Gregory Masiello said the multiyear contract, the second one signed for the program, covers the period from fiscal year 2013 through 2017 and includes options for 22 additional aircraft. He said the government's decision to sign the five-year agreement underscored its confidence in a program that had once been threatened with cancellation."


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