The U.S. Navy executed funding procurement for the second year of the V-22 aircraft’s $6.5 billion multi-year procurement (MYPII) contract, the service announced Dec. 17.
This action identifies full funding to defense contractor Bell-Boeing for the second year of the V-22 MYPII contract and provides $1.3 billion for the procurement of 22 V-22 aircraft (three Air Force CV-22s and 19 Marine Corps MV-22s) and Advance Procurement funds for 19 MV-22 aircraft to be fully funded in fiscal year 2015.
The MYPII, signed in June 2013, authorizes purchase of 100 V-22s over the next five years (fiscal 2013-2017). The multi-year contract will procure 93 MV-22s for the Marine Corps and seven CV-22s for the Air Force.
“Since Initial Operating Capability in 2007, V-22 Ospreys have been answering the nation’s call traveling into harm’s way,” said U.S. Marine Col. Dan Robinson, who heads the V-22 Joint Program Office based at Naval Air Station Patuxent River, Md.
“From combat operations in Iraq and Afghanistan to the recent disaster relief and humanitarian assistance in the Philippines, the V-22 continues to prove itself as a game-changing aircraft. Ospreys enable our Marine Corps and Air Force Special Operations to execute missions not possible with conve
