Boeing Rotocraft Systems issued the following announcement on July 2.
Bell Boeing Joint Program Office, Amarillo, Texas, is awarded $4,191,533,822 for modification P00008 to convert the previously awarded V-22 tiltrotor aircraft advance acquisition contract (N00019-17-C-0015) to a fixed-price-incentive-fee multiyear contract. This contract provides for the manufacture and delivery of 39 CMV-22B aircraft for the Navy; 14 MV-22B aircraft for the Marine Corps; one CV-22B for the Air Force; and four MV-22B aircraft for the government of Japan.
“Bell Boeing is pleased to extend production of the V-22, supporting our warfighters with one of the most versatile and in-demand platforms in the U.S. arsenal,” said Chris Gehler, Bell Vice President for the V-22 Program. “This multiyear production contract provides program production stability through at least 2024.”
The U.S. Navy will use its new CMV-22B for transporting personnel and cargo from shore to aircraft carriers, eventually replacing the C-2 Greyhound, which has been in service since the mid-1960s.
“By combining aircraft for three services and a key U.S. Ally into one multiyear order, the U.S. Navy gets more capability for its procurement dollar,” said Kristin Houston, Vice President, Boeing Tiltrotor Programs and Director, Bell Boeing V-22 Program. “It also enables the U.S. Navy to begin advancing its carrier onboard delivery fleet with modern tiltrotor aircraft. It’s a true win-win.”
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Original source can be found here.