V-22 Osprey Joint Advanced Vertical Aircraft

Abstract : The V-22 Osprey Joint Advanced Vertical Aircraft (V-22) is a tilt-rotor, short-take-off-and-landing aircraft, which was developed to fulfill multi-Service operational requirements. The V-22 operates as a helicopter for takeoffs and landings and, once airborne, converts to a turboprop aircraft. The V-22 acquisition is in the engineering, manufacturing, and development phase of the acquisition cycle and is scheduled for a Milestone III full-rate production decision in December 2000. The Program Manager, V-22 Osprey Joint Advanced Vertical Aircraft, manages the V-22 acquisition program under the Program Executive Officer, Air Anti-Submarine Warfare, Assault, and Special Mission Programs. As of December 31, 1999, the V-22 Program Management Office estimated that the total program cost for 458 V-22 aircraft (360 aircraft for the Marine Corps, 50 aircraft for the Air Force Special Operations Command, and 48 aircraft for the Navy) was $38.1 billion (then-year dollars).