The award is a routine, sole-source follow-on for an existing program (V-22 Osprey) and represents a very small fraction of Boeing's revenue. Monitor future obligated funding amounts and any production-phase contracts for the redesigned flight control system, but this specific order has negligible near-term financial impact.
Price Chart
Executive Summary
The U.S. Navy awarded Bell Boeing Joint Project Office a $90.8 million cost-plus-incentive-fee order for V-22 Osprey flight control system redesign and development. The award is a follow-on to an existing basic ordering agreement and covers work through October 2030, with initial obligated funding of approximately $4.9 million.
Key Financial Metrics
Key Facts
- Award amount: $90,826,949 cost-plus-incentive-fee order
- Awarding agency: Department of Defense (Navy)
- Work scope: redesign and development of V-22 Osprey Flight Control System
- Performance period: through October 2030
- Initial obligated funds: $3,068,800 (Air Force RDT&E), $369,250 (Navy RDT&E), $1,431,200 (FMS) = ~$4.87 million
- Not competitively procured — sole-source order under existing BOA N0001922G0002
- Work locations: Ridley Park, PA (52%); Mesa, AZ (42%); Fort Worth, TX (5%); various CONUS (1%)
- Company annualized revenue: $98.24 billion
Financial Impact
Award of $90.8 million represents approximately 0.09% of Boeing's annualized revenue of $98.24 billion. Initial obligated funding is only ~$4.9 million.
Risk Factors
- Funding is incremental — only ~$4.9 million obligated at award; full $90.8 million may not be realized if program priorities shift
- Cost-plus-incentive-fee structure carries execution risk and lower margin profile than fixed-price contracts
- V-22 fleet is mature; long-term sustainment funding depends on continued military budget support
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-N0001927F1025 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | $189.45 | awaiting T+5 | — | $168.18 (+11.23%) |
Oct 27, 2026 1d ago | GOVT-CONTRACT | $168.06 | awaiting T+5 | — | $168.18 (+0.07%) |
Oct 16, 2026 12d ago | GOVT-CONTRACT | $191.42 $188.31 | ▼ −1.62% | ▼ −1.48% | $168.18 (−12.14%) |
Oct 16, 2026 12d ago | GOVT-CONTRACT | $191.42 $188.31 | ▼ −1.62% | ▼ −1.48% | $168.18 (−12.14%) |
Oct 9, 2026 18d ago | ANALYST-UPGRADE | $190.37 $188.73 | ▼ −0.86% | ▲ +0.01% | $168.18 (−11.66%) |
Sep 29, 2026 28d ago | Press Release | $186.05 $188.32 | ▲ +1.22% | ▼ −0.69% | $168.18 (−9.60%) |
Sep 28, 2026 4w ago | GOVT-CONTRACT | $187.68 $189.82 | ▲ +1.14% | ▼ −0.81% | $168.18 (−10.39%) |
Sep 11, 2026 6w ago | GOVT-CONTRACT | $210.27 $201.15 | ▼ −4.34% | ▼ −6.00% | $168.18 (−20.02%) |
Aug 21, 2026 9w ago | 8-K | $210.46 $207.78 | ▼ −1.27% | ▼ −1.74% | $168.18 (−20.09%) |
Aug 13, 2026 10w ago | GOVT-CONTRACT | $231.67 $214.20 | ▼ −7.54% | ▼ −6.17% | $168.18 (−27.41%) |
US Market Status
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