Bell Boeing has been awarded a $4.19bn contract modification for the production and delivery of CMV-22B Osprey aircraft, which are a variant of the MV-22B unit.

The fixed-price-incentive-fee multi-year deal has been awarded to the Bell Boeing Joint Program Office in Amarillo, Texas, and represents a modification to the previously awarded V-22 tiltrotor aircraft advance acquisition contract.

Bell V-22 Programme vice-president Chris Gehler said: “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 US arsenal.

"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 US arsenal."

“This multi-year production contract provides programme production stability through at least 2024.”

The company will be required to supply a total of 58 multi-mission, tilt-rotor military aircraft under the deal.

A total of 39 CMV-22B jets are to be delivered to the US Navy as part of the arrangement, while 14 MV-22Bs will be supplied to the US Marine Corps (USMC).

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

In addition, the company is set to manufacture another CV-22B aircraft for the US Air Force (USAF) and a further four MV-22B units for the Government of Japan.

The US Navy is expected to use the new CMV-22B tilt-rotor aircraft to transport personnel and cargo from the shore to aircraft carriers.

Boeing Tiltrotor Programmes vice-president and Bell Boeing V-22 Programme director Kristin Houston said: “By combining aircraft for three services and a key US ally into one multi-year order, the US Navy gets more capability for its procurement dollar.

“It also enables the US Navy to begin advancing its carrier on-board delivery fleet with modern tilt-rotor aircraft.”

The CMV-22B aircraft is eventually slated to replace the C-2 Greyhound high-wing cargo aircraft, which has been in service with the navy since the mid-1960s.

Naval Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Naval Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now