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Raytheon to Make V-22 Avionics for the Navy

by: Matthew Potter
June 30, 2010

Category: Bell, Boeing, Business Line, Companies, Contract Awards, Department of Defense, development program, Events, Military Aviation, production program, Raytheon, Services, U.S. Air Force, U.S. Marine Corps, U.S. Navy | RSS 2.0

The V-22 Osprey has had a long history of trying to get started. The tilt rotor aircraft that takes off and lands like a helicopter but can fly like an airplane was stopped and restarted more then once in the last thirty years. Now it is in production for the Marine Corps, U.S. Navy and U.S. Air Force and has seen use in Afghanistan and Iraq. Made by Boeing (BA) and Bell Helicopter, part of Textron (TXT), the aircraft is in steady state production.

Raytheon (RTN) was awarded a contract to design and test software for the U.S. Navy version’s avionics. This aircraft is currently equipping Marine transport squadrons. This contract has a value of $250 million. The length of the contract also shows the commitment to the program by the U.S. military as it will last through 2014.

The current plans are to build almost 500 of the aircraft with the majority going to the Marines.

Photo from Beige Alert’s flickr photostream.

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