DTN News - DEFENSE NEWS: Bell Helicopter Awarded $640M Contract To Support Canadian Forces....NSI News Source Info # 1488
Source: DTN News - - This article compiled by Roger Smith from reliable sources Bell Helicopter(NSI News Source Info) MIRABEL, QUEBEC, Canada - January 24, 2011: Bell Helicopter, a Textron Inc. (NYSE: TXT) company, has been awarded a 10-year, $640M (CAN) support services contract for the Canadian Forces CH146 Griffon fleet.
This contract, known as the CH146 Optimized Weapon System Support (OWSS) contract includes aspects of management services, engineering and technical publications, aircraft maintenance services and spare and consumable parts. The initial contract will be followed by four one-year options, to be exercised at the Government of Canada's discretion. If exercised, these four one-year options bring the total possible contract value to $935M (CAN).
"For more than 10 years, Bell Helicopter and the Canadian Government have worked tirelessly to provide outstanding rotary wing support to the Canadian Forces," said John L. Garrison, Bell Helicopter president and chief executive officer. "This contract award is testament to the Canadian Forces confidence in Bell Helicopter's ability to add value to their mission."
OWSS combines three existing contracts providing engineering support, repair and overhaul (R&O) support and supply support for the Griffon program. Under the new OWSS contract, Bell Helicopter will assume greater responsibility for managing the CH146 program including:
http://defense-technologynews.blogspot.com/2011/01/dtn-news-defense-news-bell-helicopter.html
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