Boeing-Bell JV to Repair Osprey Aircraft Components Under $74M Contract

The joint venture of Boeing and Textron’s Bell Helicopter subsidiary has secured a $74.2 million contract to repair 23 items the U.S. Navy uses on the V-22 Osprey tiltrotor aircraft.

Bell-Boeing Joint Program Office will perform work at contractor facilities located in Fort Worth, Texas, and Ridley Park, Pa., through August next year.

The Naval Supply Systems Command Weapon Systems Support will obligate fiscal 2018 and 2019 working capital funds upon issuance of individual orders under the firm-fixed-price, long-term contract.

Bell-Boeing JPO was awarded a potential $4.2 billion contract modification to produce V-22 variants for the Navy, U.S. Air Force and U.S. Marine Corps as well as the Japanese government under a foreign military sales deal.