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January 27, 2009

Bell Boeing Wins V-22 Logistics Contract

Phase I Valued At $581 Million

The Bell Boeing Program Office has announced that it was awarded Phase I of a two-phase Joint Performance Based Logistics contract from Naval Air Systems Command in support of the US Marine Corps and the US Air Force Special Operations Command to support the V-22 Osprey tiltrotor aircraft. The contract award was announced by the US Department of Defense on January 22.

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President's Defense Budget Submission Delayed

May Come As Late As April, Though 'Topline' Number May Be Released Sooner

Those hoping for some kind of resolution to the ongoing budgetary fight over such programs as the F-22 Raptor and F-35 Lightning II joint strike fighter will have to wait a bit longer. President Barack Obama's 2010 defense budget request will be delayed, possibly until April, White House and Defense Department officials said Monday.

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