
Bell [TXT] Boeing [BA] will begin V-22 work for the U.S. Navy in a contract awarded last week worth $4.2 billion.The new CMV-22B variant will serve as the Navy's future carrier onboard delivery aircraft.The contract is a modification to a prior acquisition contract and provides for the manufacture and delivery of 39 CMV-22B aircraft for the Navy, 14 MV-22B aircraft for the U.S. Marine Corps, one CV-22B for the U.S. Air Force and four MV-22B aircraft for Japan — a total of…