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.
Raytheon, a division of defense giant RTX, recently announced a multiyear deal with the Pentagon to increase annual production of the Air Force’s primary dogfighting missile by more than 50 percent from two years ago.


