AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.99 Increased By ▲ 0.29 (0.23%)
BOP 6.66 Increased By ▲ 0.05 (0.76%)
CNERGY 4.44 Decreased By ▼ -0.16 (-3.48%)
DCL 8.75 Decreased By ▼ -0.04 (-0.46%)
DFML 41.24 Decreased By ▼ -0.34 (-0.82%)
DGKC 86.18 Increased By ▲ 0.39 (0.45%)
FCCL 32.40 Decreased By ▼ -0.09 (-0.28%)
FFBL 64.89 Increased By ▲ 0.86 (1.34%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.51 Increased By ▲ 1.74 (1.57%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.38 Decreased By ▼ -0.07 (-0.94%)
MLCF 40.44 Decreased By ▼ -0.08 (-0.2%)
NBP 61.00 Decreased By ▼ -0.05 (-0.08%)
OGDC 193.60 Decreased By ▼ -1.27 (-0.65%)
PAEL 26.88 Decreased By ▼ -0.63 (-2.29%)
PIBTL 7.31 Decreased By ▼ -0.50 (-6.4%)
PPL 152.25 Decreased By ▼ -0.28 (-0.18%)
PRL 26.20 Decreased By ▼ -0.38 (-1.43%)
PTC 16.11 Decreased By ▼ -0.15 (-0.92%)
SEARL 85.50 Increased By ▲ 1.36 (1.62%)
TELE 7.70 Decreased By ▼ -0.26 (-3.27%)
TOMCL 36.95 Increased By ▲ 0.35 (0.96%)
TPLP 8.77 Increased By ▲ 0.11 (1.27%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.20 Increased By ▲ 3.58 (6.11%)
UNITY 28.07 Increased By ▲ 1.21 (4.5%)
WTL 1.32 Decreased By ▼ -0.06 (-4.35%)
BR100 10,081 Increased By 80.6 (0.81%)
BR30 31,142 Increased By 139.8 (0.45%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

The US government is eyeing Israel, Canada and the United Arab Emirates as possible initial foreign buyers of the V-22 Osprey, a tilt-rotor aircraft built by Boeing Co and Bell Helicopter, a top US Marine Corps official told Reuters.
Lieutenant General Terry Robling, deputy Marine Corps commandant for aviation, said US officials were continuing to drive down the cost of the aircraft and hoped to sell it to allies overseas to keep the production line running past 2018.
US officials plan to show off the aircraft, which flies like an airplane but tilts its rotors to take off and land like helicopter, at the Farnborough Air Show outside London in July. It also made appearances at the Dubai and Singapore air shows in recent months, Robling told Reuters aboard a military aircraft after a Marine Corps event at Eglin Air Force Base in Florida.
Bell Helicopter, a unit of Textron Inc, and Boeing issued a news release in December after the Dubai air show, saying the aircraft had received "significant interest" from potential customers, but it did not identify them.
Boeing and Bell have been trying to generate foreign interest for years, but potential buyers were holding back to see how the plane did in combat, and because of the relatively high price of buying and operating the plane - both of which are now coming down.
Washington is increasingly looking to foreign military sales to keep the cost of weapons systems from rising as the Pentagon cuts its own orders to strip $487 billion from its planned defense budgets over the next decade.
Robling said Israel, Canada and the UAE had expressed interest in the aircraft, but had not received formal pricing and technical information for the Osprey.
The Marines will ask lawmakers to approve a five-year procurement plan for 91 aircraft that will run through fiscal 2017 - 24 less than initially planned for the period. But the service still plans to buy those aircraft and has not changed its overall requirement, Robling said, although he acknowledged that postponing production resulted in more uncertainty given the current difficult budget environment.
Marine Corps Commandant James Amos this month told US lawmakers that the Osprey, which can cruise at 290 miles an hour - twice the rate of military helicopters - has performed "exceedingly well" since being put into operation. He said it gives US and coalition forces a "maneuver advantage and operational reach unmatched by any other tactical aircraft."
The plane got off to a rocky start, with 30 Marines killed during its development, but it has amassed more than 130,000 flight hours since being fielded by the US military in 2007.
More than 160 V-22s are now flown by 10 Marine Corps and two US Air Force Special Operations Command squadrons.
Amos told lawmakers the MV-22B has made multiple combat deployments to Iraq, four deployments at sea, and it is currently on its fifth deployment to Afghanistan.

Copyright Reuters, 2012

Comments

Comments are closed.