Motorola Droid Turbo will be updated to Android 5.1 Lollipop
While Luciano Carvalho confirmed that the Turbo would get Android 5.1, he says that this won't necessarily be "bug-free", because it's "nearly impossible" not to have bugs with "a complex software running on a complex hardware, with thousands of different environment conditions and thousands of usage variations." The 5.1 update will bring native VoLTE support to the Droid Turbo, but it's not clear when Motorola and Verizon are planning to release it.
Verizon is currently selling the Droid Turbo for $149.99 on contract, or $549.99 off contract. As you'll find out by reading our Droid Turbo review, the handset is one of the best that Motorola launched lately.
source: Google+ via Droid-life