THE HERALD   EVERETT, WASHINGTON
HeraldNet on Facebook HeraldNet on Twitter HeraldNet RSS feeds HeraldNet Pinterest HeraldNet Google Plus HeraldNet Youtube
  Newsletters: Sign up | Manage subscriptions
Published: Wednesday, January 2, 2013, 8:15 a.m.

Navy adds $1.4B to Bell-Boeing V22 deal

Sign up for Weekly business news
AMARILLO, Texas -- The Navy has added $1.4 billion to a Bell-Boeing contract to build 22 V-22 Ospreys in Texas.

The Amarillo Globe-News reported Tuesday that the contact modification includes fiscal 2013 funding for 17 MV-22s, the Marine Corps Osprey version, and four CV-22s for Air Force Special Operations.

Bell-Boeing is a joint venture between Textron Inc.'s Bell helicopter business and Boeing Co. The U.S. military plans to use the tilt-rotor aircraft to replace older CH-46 helicopters.

More than 10 percent of the work will be performed in Amarillo, where Bell Helicopter also assembles utility and attack choppers for the military. Navy officials say about 25 percent of the work will be done in Fort Worth.

The deal also provides funding to help build 19 MV-22s and 18 CV-22s in fiscal 2014.
Story tags » Boeing
Comments


HeraldNet highlights

After the bridge fell
After the bridge fell: Photo gallery: Rescue efforts after the I-5 bridge collapse
Feed hungry kids
Feed hungry kids: Where to take young ones without breaking the bank
Pages for the history books
Pages for the history books: Diane Janes has been collecting tribal photos for years
More free music on the way
More free music on the way: Summer concert series planned for new downtown plaza