Pentagon reallocates $200 million to keep Bell MV‑75 program on track

Pentagon reallocates $200 million to keep Bell MV‑75 program on track
Image: aviationweek.com

Written by AI from 1 report listed below. Not checked by a person before publication. How we use AI

The Pentagon applied $200 million in reprogramming funding to the Bell MV‑75 program two days before the fiscal year ended after the program received a stop‑work order in July when its funding ran out.

28 notice said that $230 million was approved but that insufficient resources were approved to finance the requirement; $200.246 million was reprogrammed to the Army’s Future Long Range Assault Aircraft Development account, bringing the year’s total funding to $1.422 billion.

The funds are required to continue development, testing and to build eight MV‑75 prototypes in preparation for production in fiscal 2028, with the program expected to complete critical design review in fiscal 2026, and Textron’s CEO said the company would self‑finance certain parts to keep the schedule.

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