Osprey costs down $1 million a plane, but budgeting crucial
Article Abstract:
The costs of the Bell Boeing V-22 Osprey tilt-rotor aircraft have reduced to more than $1 million per plane, but continued cost cuts will depend heavily on Congress supplying funds needed to increase Osprey production. The main aim is to reduce the Osprey costs from a former high of about to $78 million per aircraft to less than $60 million and, hence, the program is heavily dependent on the Pentagon's budget to achieve the targets.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2005
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Osprey cost declining; new shipboard tests near
Article Abstract:
The cost of the V-22 Osprey tilt-rotator aircraft declined more than 1.7 percent recently, and it is reported that more cost reductions are expected. This is because the Congress is confronting a financial crunch in defense programs, especially, due to the purchases of aviation assets.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2004
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Northrop Grumman defends $30 million Global Hawk cost
Article Abstract:
Northrop Grumman Corp. defended its position to a series of complaints about the cost of its Global Hawk unmanned aerial vehicle (UAV) available at $30 million. This UAV is an improvised explosive device and is tough for an enemy to detect as it can fly up to 65,000 feet high.
Publication Name: Defense Today
Subject: Business
ISSN:
Year: 2004
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