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home / news releases / BA - GAO Sides With Textron On Boeing-Sikorsky Protest

BA - GAO Sides With Textron On Boeing-Sikorsky Protest

The Boeing Company

2023-04-16 11:00:00 ET

Summary

  • The FLRAA helicopter contract is important for Textron Inc. to offset lower V-22 sales in the coming years.
  • The Textron bid always seemed like the stronger one.
  • Sikorsky-Boeing provided an FLRAA solution that was not prioritizing cost over capability.
  • For Textron, there are tens of billions of dollars at stake, with the first batch worth $8.1 billion.

For further details see:

GAO Sides With Textron On Boeing-Sikorsky Protest
Stock Information
Company Name: The Boeing Company
Stock Symbol: BA
Market: NYSE
Website: boeing.com
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