V-22 Osprey: The Multi-Year Buys, 2008-2021

April 10/24: The US Navy’s transition to the CMV-22B Osprey for its long-range and medium-lift aerial logistics missions took a significant step forward on April 5, with the arrival of the first tiltrotor aircraft assigned to the East Coast at Naval Station Norfolk, Virginia. Fleet Logistics Multi-Mission Squadron (VRM) 40, nicknamed “Mighty Bison,” received the first Osprey, marking the beginning of their permanent relocation to Norfolk. All VRM-40 personnel have been stationed in Norfolk since February 2024, with the remaining squadron aircraft expected to arrive this summer. The CMV-22B Osprey offers a significant upgrade in capabilities compared to the C-2A Greyhound. This tiltrotor aircraft combines the vertical takeoff and landing (VTOL) capabilities of a helicopter with the long-range cruise efficiency of a fixed-wing airplane. This versatility allows the Osprey to deliver critical supplies, personnel, and high-priority cargo from shore bases directly to ships at sea, supporting Atlantic carrier strike groups starting in 2025.









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(click to view full) 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 […]

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