Bell-Boeing’s V-22 Osprey tiltrotor has yet to land an international contract, but company executives are betting that they will have two foreign customers in hand by the end of the year.

“There’s nothing that’s turned into an [letter of offer and acceptance] yet, but we’re working on that,” said Vince Tobin, one of the Bell-Boeing V-22 program directors, in reference to a formal offer made to a company in the foreign military sales process.  He expects to sign two LOAs in 2015.

Japan’s ministry of defense announced the purchase 17 Ospreys last year, although there is no contract set in stone yet, he said during a Feb. 23 interview at the International Defense Exhibition and Conference (IDEX). Israel had plans to buy the tiltrotor, but that deal remains in flux due to budget constraints.  […]