NAVAIR Issues V-22 Osprey Contracts Worth $1.17B

V-22 Osprey The USA’s Naval Air Systems Command in Patuxent River, MD has issued a series of contracts over the last week or so related to the twin-engine V-22 Osprey tilt-rotor transport aircraft. The V-22 Osprey remains controversial given its $100 million per plane cost, and performance questions over the course of the program. Cuts may also be forthcoming in 2007. These contracts cover both the US Marines’ planned MV-22 machines which are approved for full-rate production, and Special Operations Command’s CV-22 which is still being modified and has yet to enter Operational Evaluation (OpEval). The total value of these six contracts, options, and delivery orders is approximately $1.17 billion. (click to view full) Unless otherwise noted, all contracts were issued to the Bell-Boeing Joint Program Office in Patuxent River, MD. A $1.058 billion estimated ceiling advance acquisition contract, for long lead components associated with the manufacture and delivery of 14 FY 2007 MV-22 for the Marines and 2 FY 2007 CV-22 aircraft for SOCOM (all Lot 11 production). Note that the ceiling amount would represent $66.125 million per aircraft. Work will be performed in Ridley Park, PA (50%); Fort Worth, TX (35%); and Amarillo, TX (15%), and is expected […]