This blog post briefly highlights recent Airborne Retrofit & Modernization news. More in-depth news can be found in Forecast’s E-Market Alerts. Sign up here to receive our World Aerospace and Defense Intelligence Newsletter. To the minute R&M news can also be found via the Forecast R&M twitter account, @MBeresFI. Continue reading
Bell and Boeing have been awarded a U.S. Navy contract, worth $332 million, to supply five MV-22s to Japan through the U.S. government’s Foreign Military Sales program. The deal marks the first-ever export sale of the tiltrotor aircraft.
The five MV-22s are intended to be the first batch of a larger Japanese procurement of the tiltrotor aircraft. Japan’s New Medium Term Defense Program, which covers the five-year period FY14 through FY18, calls for the Japan Ground Self-Defense Force to acquire a total of 17 MV-22s. Continue reading