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TXT - Bell Textron secures $1.36B Army contract
December, 07 2022 12:52 AM
Textron Inc.
Textron’s ( NYSE: TXT ) Bell Textron was awarded a $1.36B hybrid contract for development of the Future Long Range Assault Aircraft weapon system. Bids were solicited via the internet with two received. Work has an estimated completion date of April 5, 2031. FY22 and FY23 research, development, test and evaluation, Army funds in the amount of $232.21M were obligated at the time of the award. U.S. Army Contracting Command is the contracting activity. For further details see:
Bell Textron secures $1.36B Army contract
Stock Information
Company Name:
Textron Inc.
Stock Symbol:
TXT
Market:
NYSE
Website:
textron.com
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