Bell Boeing Delivers First Modified Osprey For Improved Fleet Readiness

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PHILADELPHIA (Dec. 10, 2019) — Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, and Boeing [NYSE: BA] have delivered the first modified MV-22 Osprey to the United States Marine Corps for improved readiness and reliability of the tiltrotor fleet.

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The Marines have multiple configurations of the MV-22 aircraft in service. Under the Common Configuration – Readiness and Modernization (CC-RAM) program, Bell Boeing is reducing the number of configurations by upgrading block “B” aircraft to the current block “C” configuration.

 

“Our first CC-RAM aircraft returning to MCAS New River was a key program benchmark,” said U.S. Marine Corps Col. Matthew Kelly, program manager, V-22 Joint Program Office (PMA-275). “We are excited to see the capability, commonality and readiness improvements these CC-RAM aircraft bring to the fleet as part of the Marine Corps’ V-22 readiness program.”

 

As a block B configuration, this MV-22 was originally delivered to the fleet in 2005. In 2018, the aircraft flew from Marine Corps Air Station New River back to the Boeing Philadelphia facility for modernization.

 

“This delivery is an important milestone for the Marine Corps’ MV-22 readiness and modernization campaign.” said Chris Gehler, Bell V-22 VP and Program Director. “Through this campaign, Bell Boeing, in partnership with HQMC and NAVAIR, is returning improved MV-22s to the fleet where the V-22 continues to be an essential aviation resource worldwide.”

 

The next CC-RAM delivery is expected in early 2020.

 

“We look forward to having the remaining MV-22 Block “B” aircraft rejoin the fleet in a Block “C” configuration,” said Kelly.

 

In November 2019, the U.S. Navy awarded Bell Boeing $146,039,547 to upgrade nine additional MV-22 aircraft under the CC-RAM program, with work expected to be completed in March 2022. 

About Bell

Thinking above and beyond is what we do. For more than 85 years, we’ve been reimagining the experience of flight – and where it can take us.

We are pioneers. We were the first to break the sound barrier and to certify a commercial helicopter. We were a part of NASA’s first lunar mission and brought advanced tiltrotor systems to market. Today, we’re defining the future of advanced air mobility.

Headquartered in Fort Worth, Texas – as a wholly-owned subsidiary of Textron Inc., – we have strategic locations around the globe. And with nearly one quarter of our workforce having served, helping our military achieve their missions is a passion of ours.

Above all, our breakthrough innovations deliver exceptional experiences to our customers. Efficiently. Reliably. And always, with safety at the forefront.

About Textron

Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Pipistrel, Jacobsen, Kautex, Lycoming, E-Z-GO, Arctic Cat, and Textron Systems. For more information, visit: www.textron.com.

Certain statements in this press release are forward-looking statements which may project revenues or describe strategies, goals, outlook or other non-historical matters; these statements speak only as of the date on which they are made, and we undertake no obligation to update or revise any forward-looking statements. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, changes in aircraft delivery schedules or cancellations or deferrals of orders; our ability to keep pace with our competitors in the introduction of new products and upgrades with features and technologies desired by our customers; changes in government regulations or policies on the export and import of our products; volatility in the global economy or changes in worldwide political conditions that adversely impact demand for our products; volatility in interest rates or foreign exchange rates; and risks related to our international business, including establishing and maintaining facilities in locations around the world and relying on joint venture partners, subcontractors, suppliers, representatives, consultants and other business partners in connection with international business, including in emerging market countries.

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