Bell-Boeing gets $7.3 million Navy deal for V-22 Osprey helicopter

Bell-Boeing gets $7.3M defense contract

WASHINGTON — A strategic alliance of Boeing Co. and a unit of Textron Inc. received a $7.3 million contract boost from the Navy for items needed for the V-22 Osprey helicopter, the Pentagon said late Tuesday.

The Osprey, a tiltrotor vertical, short takeoff and landing aircraft, is jointly built by Boeing and Textron’s Bell unit. Boeing is responsible for the fuselage and all subsystems, digital avionics and flight-control systems, while Bell is responsible for the wing, transmissions, rotor systems and engine installation.

Shares of Chicago-based Boeing added $1.12, or 2.4 percent, to $48.25, while shares of Providence, R.I.-based Textron added 5 cents to close at $14.80.