Bell Helicopter Lands $423M Navy Contract Modification for Lot 14 AH-1Z Production

Textron’s (NYSE: TXT) Bell Helicopter subsidiary has received a potential three-year, $423 million contract modification from the U.S. Navy to produce and deliver 25 lot 14 AH-1Z aircraft in support of the U.S. Marine CorpsH-1 upgrade program.

The company will perform work in Fort Worth and Amarillo, Texas, through February 2020 under the modification to a previously awarded fixed-price-incentive contract, the Defense Department said Wednesday.

The Naval Air Systems Command obligated the full contract amount from the service branch’s aircraft procurement funds for fiscal 2016 and 2017.

Bell AH-1Z is an attack helicopter that has a target sight platform, glass cockpits compatible with night-vision goggles, communications systems, electronic warfare self-protection tool and a forward-looking infrared system.

Check Also

Vigor

Vigor Industrial Subsidiary to Modernize Navy Destroyer Ship Under Potential $156M Contract

Vigor Industrial's marine subsidiary has secured a potential $155.6M firm-fixed-price contract to help the U.S. Navy modernize and maintain the USS McCampbell guided missile destroyer. The company will update the ship's mechanical and electrical systems, hull and communications, digital video surveillance and warfighting equipment as part of a depot maintenance availability, the Department of Defense said Monday.

Parsons

Parsons Gets $178M Intell Community Security Analysis IDIQ; Robert Miller Quoted

Parsons (NYSE: PSN) has secured a potential five-year, $178M contract to help the U.S. intelligence community analyze measures for securing physical and technical assets.