V-22 Osprey: The Multi-Year Buys, 2008-2017
July 21/16: Bell-Boeing has been awarded a $545 million deal to manufacture and deliver four MV-22 tilt-rotor aircraft. The July 19 Navy contract will see the USMC variant of the aircraft delivered to the government of Japan, adding to a number of V-22s ordered in 2014. Delivery of the systems is expected for May 2020.
In March 2008, the Bell Boeing Joint Project Office in Amarillo, TX received a $10.4 billion modification that converted the previous N00019-07-C-0001 advance acquisition contract to a fixed-price-incentive-fee, multi-year contract. The new contract rose to $10.92 billion, and was used to buy 143 MV-22 (for USMC) and 31 CV-22 (Air Force Special Operations) Osprey aircraft, plus associated manufacturing tooling to move the aircraft into full production. A follow-on MYP-II contract covered another 99 Ospreys (92 MV-22, 7 CV-22) for $6.524 billion. Totals: $17.444 billion for 235 MV-22s and 38 CV-22s, an average of $63.9 million each.
The V-22 tilt-rotor program has been beset by controversy throughout its 20-year development period. Despite these issues, and the emergence of competitive but more conventional compound helicopter technologies like Piasecki’s X-49 Speedhawk and Sikorsky’s X2, the V-22 program continues to move forward. This DID Spotlight article looks at the V-22’s multi-year purchase contract from 2008-12 and 2013-2017, plus associated contracts for key V-22 systems, program developments, and research sources.
The V-22 Program
MV-22 vs. CV-22
V-22 Budgets & Buys
Contracts & Key Events
Background: V-22 and Key Systems
News & Views
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