Bell-Boeing Secures Contract to Aid CMV-22 Osprey Aircraft Program [Yahoo! Finance]
Boeing Company (The) (BA)
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Source: Yahoo! Finance
The Naval Air Systems Command, Patuxent River, MD, has awarded the deal. Valued at $18.7 million, the contract is expected to be completed by November 2029. Per the terms of the deal, Bell-Boeing will be engaged in offering research, development, test, evaluation, program management and engineering support for integrated aircraft survivability equipment of the CMV-22 Osprey jets. The majority of the work related to this contract will be executed in Ridley Park, PA. With rising global defense spending rising amid growing hostilities, investment in advanced defense products, including military aviation jets, has also been increasing. These jets serve a nation in military operations and other crucial missions such as troop transportation as well as shipping cargo and other essential supplies. With Boeing and Textron being prominent manufacturers of renowned, combat-proven aircraft across the globe, jets from their product portfolios enjoy solid demand when it comes to crucial air w
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BA
Earnings
- 10/23/24 - Miss
BA
Sec Filings
- 11/1/24 - Form S-4
- 11/1/24 - Form CERT
- 10/31/24 - Form 8-A12B
- BA's page on the SEC website