Bell-Boeing, a joint venture (JV) between Boeing Co. BA and Bell Helicopter — a unit of Textron Inc. TXT — recently secured a contract for providing logistics and engineering support to the V-22 family of tiltrotors. Work related to the deal is scheduled to be completed by November 30, 2019.
Valued at $143.8 million, the contract was awarded by the Defense Logistics Agency Aviation, Philadelphia, PA. The deal will serve the U.S. Navy, Air Force and Marine Corps. The JV will carry out the tasks in Texas and Pennsylvania.
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