V-22 Wins Second Multiyear Order From U.S. Military | Aviation International News

V-22 Wins Second Multiyear Order From U.S. Military

June 16, 2013

The U.S. Naval Air Systems Command (Navair) awarded the Bell Boeing team a five-year contract on June 12 to supply 99 V-22 Osprey tiltrotors. The second multiyear procurement (MYPII) contract, with an earlier $1.4 billion contract award in December, has a total value of $6.5 billion. It specifies 92 MV-22s for the Marine Corps and seven CV-22s for the Air Force for delivery through September 2019.

Bell Boeing said the contract is structured to provide nearly $1 billion in savings when compared with single-year procurement contracts. It includes an option for up to 23 additional aircraft.

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