A U.S.-based subsidiary of Rheinmetall’s defense segment has partnered with Textron Systems, Raytheon Technologies (NYSE: RTX) and other U.S. defense companies to form an industry team to compete for the U.S. Army’s Optionally Manned Fighting Vehicle program.
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Textron Subsidiary Books $92M USAF Fighter Pilot Training Contract
A Textron (NYSE: TXT) subsidiary will provide adversary training for U.S. Air Force's F-35 and F-22 fighter pilots stationed at Eglin AF Base in Florida starting January under a potential $92M contract.
Read More »Textron Lands $386M Navy Contract Modification to Build Air Cushion Vehicles
Textron (NYSE: TXT) has secured a five-year, $386.3M contract modification from the U.S. Navy to build additional landing craft, air cushion vehicles designed to transport military personnel, weapons and equipment.
Read More »State Dept Clears $326M Textron Light Attack Aircraft Sales Deal for Tunisia
The State Department has approved Tunisia's request to buy four Textron-built (NYSE: TXT) light attack aircraft, related equipment and support services under a potential $325.8M foreign military sales agreement.
Read More »Army to Award Robotic Combat Vehicle OTAs to QinetiQ NA, Textron
The U.S. Army has informed the National Advanced Mobility Consortium that it will award other transaction agreements to QinetiQ North America and Textron (NYSE: TXT) to build two variants of a robotic combat vehicle. The military service said Thursday it expects to finalize the OTAs in mid-February to procure four light RCV units from QinetiQ NA and four medium RCVs from Textron.
Read More »Textron’s Bell Subsidiary Gets $815M Navy Contract for Helicopter Logistics Services
Bell, a subsidiary of Textron (NYSE: TXT), has secured a potential five-year, $815M contract to repair, update or replace 35 items for AH-1Z Viper and UH-1Y Venom helicopters. The company will also manage inventories, establish metrics for supply response time and provide warehousing under the performance-based logistics contract, the Department of Defense said Tuesday.
Read More »USAF Issues Light-Attack Aircraft RFPs to Sierra Nevada-Embraer Team, Textron
The U.S. Air Force plans to buy up to six light-attack aircraft from Textron (NYSE: TXT) and a Sierra Nevada Corp.-Embraer team for use in training and experimental activities as part of the National Defense Strategy.
Read More »Army Selects Martin UAV, Textron’s AAI Subsidiary for $100M Tactical Drone Contract
Martin UAV and Textron‘s (NYSE: TXT) AAI Corp. subsidiary will compete for orders to provide non-developmental tactical unmanned aerial systems to the U.S. Army under a potential three-year, $99.5M contract. Eleven bids were submitted to Army Contracting Command for the firm-fixed-price contract, which runs through March 27, 2022, the Department …
Read More »Textron Subsidiary to Produce Lot 16 Navy Attack Helicopters Under $440M Contract Modification
Textron’s (NYSE: TXT) Bell Helicopter subsidiary has received a four-year, $439.5M contract modification to build 25 lot 16 AH-1Z twin-engine attack helicopters for the U.S. Navy. Bell Helicopter will also provide 25 stores control units as part of the modification, which exercises an option under a previously awarded fixed-price-incentive contract, the Department …
Read More »Textron Completes Howe & Howe Purchase; Lisa Atherton Quoted
Textron (NYSE: TXT) closed its acquisition of Waterboro, Maine-based robotic ground vehicle maker Howe & Howe Technologies on Dec. 17, Defense News reported Thursday. Textron announced its intent to buy Howe & Howe in October 2018 in a push to expand its autonomous technology offerings across land, air and maritime domains. Lisa Atherton, president and …
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