CLEVELAND (AP) - Industrial manufacturer Eaton Corp. said Monday it will
gain a total of about $120 million in revenue from the Department of Defense's
purchase of 167 Bell Boeing V-22 Osprey tiltrotor airplanes.
The contract for the purchases runs through 2012. The company said under the
terms of the deal, 141 airplanes will be used by the U.S. Marine Corps and 26
will used by to U.S. Air Force.
The full procurement of the V-22 planes is expected to total 458 airplanes
with an estimated cost of $54 billion, Eaton said, adding it could add $320
million to its revenue over the life of the procurement program.
Eaton supplies airplane parts to the military.
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