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.
The Air Force budget would grow to $234 billion while Space Force spending would shrink to $26 billion under the White House's yearly ask.