Navy orders training systems for the V-22

The Navy ordered from the Boeing-Bell team manufacturing the V-22 Osprey training devices and related equipment today. The contract is worth about $78 M. See a story here. The Osprey has just finished a successful deployment in Iraq where it carried out heavy lift missions, usually for logistics purposes. The contract will pay for the development and production of training equipment.

V-22 money spread around

As part of the recent procurement of 167 V-22 Osprey’s by the USAF and USMC the Boeing led team will buy parts from Eaton. The expected revenue for this company from the contract could be over $300 M. See a story here. Eaton makes parts for the tilt rotor aircraft. This again illustrates the spillover effect from these large procurement contracts. Companies all over the world participate in the production of parts and services for the total systems. Gone are the days where one company does all of the work.