Raytheon captures $270M Navy V-22 Osprey contract

Raytheon has won a $270 million contract to support the Navy’s V-22 Osprey systems, testing and software.

The V-22 Osprey aircraft combines the functionality of a helicopter with the long-range cruise performance of a turbopop aircraft.

According to Boeing, the manufacturer, the Osprey is twice as fast as a helicopter and has multi-mission capability including amphibious assault, long range special ops infiltration and exfiltration and search and rescue.

Under the contract, Raytheon will provide software support activity systems and software engineering, avionics integration, testing, and acquisition support.

Work will be performed in Indianapolis, Ind., and is expected to wrap up in December 2019.