V-22 Marks its First Ever Export Sale

By Ray Jaworowski, Senior Aerospace Analyst, Forecast International.

Bell and Boeing have been awarded a U.S. Navy contract, worth $332 million, to supply five MV-22s to Japan through the U.S. government’s Foreign Military Sales program.  The deal marks the first-ever export sale of the tiltrotor aircraft.

The five MV-22s are intended to be the first batch of a larger Japanese procurement of the tiltrotor aircraft.  Japan’s New Medium Term Defense Program, which covers the five-year period FY14 through FY18, calls for the Japan Ground Self-Defense Force to acquire a total of 17 MV-22s.

A number of other countries are displaying interest in the V-22, including Brazil, Israel, Qatar, and the United Arab Emirates, among others.

Meanwhile, Bell and Boeing are continuing to build MV-22s and CV-22s for the U.S. armed forces.  The U.S. Marine Corps is acquiring a total of 360 MV-22s, of which some 260 have already been delivered.  In USMC service, the MV-22 has replaced the CH-46 helicopter in the airborne amphibious assault role.

The U.S. Air Force is acquiring 52 CV-22s for long-range Special Operations Forces missions; all but about a half-dozen have been delivered to the service.

The U.S. Navy plans to procure 48 MV-22s; deliveries of these aircraft have not yet begun.  The 48 MV-22s are intended to replace aging Grumman C-2 Greyhounds in the carrier onboard delivery role.

For the full outlook on the V-22 and other rotorcraft programs, see Forecast International’s Rotorcraft forecast.

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For 50 years, Forecast International intelligence reports have been the aerospace and defense industry standard for accurate research, analysis, and projections. Our experienced analysts compile, evaluate, and present accurate data for decision makers. FI's market research reports offer concise analysis of individual programs and identify market opportunities. Each report includes a program overview, detailed statistics, recent developments and a competitive analysis, culminating in production forecasts spanning 10 or 15 years. Let our market intelligence reports be a key part of reducing uncertainties and mastering your specific market and its growth potential. Find out more at www.forecastinternational.com

About Forecast International

For 50 years, Forecast International intelligence reports have been the aerospace and defense industry standard for accurate research, analysis, and projections. Our experienced analysts compile, evaluate, and present accurate data for decision makers. FI's market research reports offer concise analysis of individual programs and identify market opportunities. Each report includes a program overview, detailed statistics, recent developments and a competitive analysis, culminating in production forecasts spanning 10 or 15 years. Let our market intelligence reports be a key part of reducing uncertainties and mastering your specific market and its growth potential. Find out more at www.forecastinternational.com

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