Bell to roll back V-280 funding until US Army competition

After the V-280 reached its 280kt (519km/h) speed goal on 23 January, Bell believes that it sufficiently demonstrated the tiltrotor technology.

“I think our team has done everything we’ve asked of them to design and build a terrific aircraft. Its maneuverability is outstanding. It’s been demonstrated,” said Scott Donnelly, chief executive of Bell, on an earnings call. “So at this point, look, we’ll have no choice but to roll back any funding that we put into it, waiting to see what the Army is going to do, because we’ve done what we can do.”