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Air Force

With Billions in Contracts, Boeing Builds $100 Million V-22 Osprey Factory

Dan Parsons By
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With Billions in Contracts, Boeing Builds $100 Million V-22 Osprey Factory
The Bell-Boeing MV-22. (Photo: Bell)

RIDLEY PARK, Pa. — Flush with a $4 billion multiyear deal for at least 58 V-22 Ospreys, Boeing [BA] is investing $100 million in a brand-new production line to crank out the tiltrotor fuselages beginning next year.Boeing and its 50/50 partner on the V-22 Bell [TXT], on June 29 took home a $4.2 billion contract to build 58 Ospreys for the U.S. military and the Japanese Self-Defense Forces. The deal also converts a previously awarded V-22 advanced acquisition contract to…

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