V-22 Osprey: The Multi-Year Buys, 2008-2017
December 11/17: Lot 23-Long-lead Materials Bell-Boeing will acquire for the the US Navy, additional long-lead material and associated efforts required for the production and delivery of seven V-22 Lot 23 tilt-rotor aircraft. Awarded under a $19.6 million firm-fixed-price contract, work will run until December 2018 at several US locations. US Navy aircraft procurement funds from fiscal year 2018 for the full value of the contract have been obligated at the time of award and do not expire at the end of the current fiscal year.
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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