June 29, 2018 / 9:26 PM / 8 months ago

Bell-Boeing joint venture wins $4.2 billion U.S. defense contract - Pentagon

A Boeing logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) at Geneva Airport, Switzerland May 28, 2018. REUTERS/Denis Balibouse

WASHINGTON (Reuters) - A joint venture of Boeing Co (BA.N) and Bell Helicopter, a unit of Textron Inc (TXT.N), has been awarded a $4.2 billion modification to a previously awarded contract for V-22 tiltrotor aircraft, the Pentagon said on Friday.

The contract provides for the manufacture and delivery of 39 CMV-22B aircraft for the Navy, 34 MV-22B aircraft for the Marine Corps; one CV-22B for the Air Force; and four MV-22B aircraft for the government of Japan, the statement said.

Reporting by Eric Beech; Editing by Tom Brown

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