The US Navy awarded Textron Inc.’s Bell Helicopter and Boeing Co. $1 billion to buy components for 16 V-22 Osprey aircraft through September 2009. The contract pays for long lead components that are associated with the production and delivery of 14 MV-22 versions of the tilt rotor aircraft and two Fiscal 2007 CV-22 versions for the Air Force.
Amid NATO’s continued push to ramp up air defenses in Eastern Europe, Secretary of the Air Force Frank Kendall swung by seven allied countries to boost relations last week, including those on Russia’s and Ukraine’s doorstep.