Search Results for: Bell Helicopter

Reuters: Lockheed, Textron Final Bidders for UTC’s Sikorsky Helicopter Arm

United Technologies (NYSE: UTX) is mulling offers from Lockheed Martin (NYSE: LMT) and Textron (NYSE: TXT) to purchase UTC’s Sikorsky Aircraft subsidiary, Reuters reported Wednesday. Andrea Shalal and Mike Stone write UTC may reach a decision on the offers by the end of the month or could decide instead on a tax-free spinoff …

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State Dept OKs $952M Helicopter, Missile Sale to Pakistan

The State Department has approved Pakistan’s request to purchase Viper attack helicopters and Hellfire missiles from the U.S. under a potential $952 million foreign military sales agreement. Pakistan will use the precision strike aircraft and weapons to carry out counterterrorism and counter-insurgency operations in the North Waziristan Agency, federally-administered tribal areas …

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Reuters: US Navy Plans to Buy Tiltrotor Aircraft from Bell-Boeing

U.S. Navy and Marine Corps officials have inked a memorandum of understanding to buy V-22 tiltrotor aircraft built by Boeing (NYSE: BA) and Bell Helicopter, Reuters reported Tuesday. Citing unnamed sources, Andrea Shalal writes the Navy plans to buy four V-22s between fiscal year 2018 and fiscal 2020 under the agreement. …

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DSCA Details Potential $1B in Missile, Helicopter Service Deals for Iraq

The State Department has approved two foreign military sales agreements with Iraq worth more than $1 billion combined that cover Lockheed Martin-built (NYSE: LMT) defense equipment and logistics support for the country’s rotorcraft from Bell Helicopter. The Defense Security Cooperation Agency said Tuesday that Iraq has asked to buy 5, 000 Lockheed-made AGM-114K/N/R Hellfire missiles, other parts and …

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Raanan Horowitz: Elbit Systems of America to Install Safety Tech on Marine Helicopters

An Elbit Systems (NASDAQ: ESLT) subsidiary will install helmet display tracker system kits and tactical video data link systems on the U.S. Marine Corps‘ fleet of Bell AH-1W attack helicopters. The Marine Corps awarded an $11.6 million contract to Elbit Systems of America for the helmet display tracker system kits and a separate $8.5 million contract for the …

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Boeing-Bell JV Wins $6.5B Navy Osprey Aircraft Order; James O’Donnell Comments

Boeing (NYSE: BA) and Textron (NYSE: TXT) subsidiary Bell Helicopter’s joint venture has won a five-year $6.5 billion U.S. Navy contract for 99 V-22 Osprey aircraft, DoD Buzz reported Tuesday. Richard Sisk writes the JV will produce 92 MV-22 Ospreys for the Marine Corps and seven units of the CV-22 …

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Lockheed Wins $50M for Cobra Helicopter Sensor, Imagery Suite

Lockheed Martin (NYSE: LMT) has received a $49.9 million follow-on production contract from the Naval Surface Warfare Center. The company will provide the fire control system for the U.S. Marine Corps‘ AH-1Z Cobra attack helicopter. Lockheed delivered the first target sight system in June 2009, and recently began early delivery of low-rate initial production units. …

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First FAA Certification for Cobham Helicopter Stability, Autopilot System

Cobham’s HeliSAS two-axis helicopter stability and autopilot system has received its first Supplemental Type Certification (STC) from the U.S. Federal Aviation Administration for use in a Robinson model R44 aircraft. Working with Hoh Aeronautics, Inc. of Lomita, Calif., Cobham is in the process of achieving HeliSAS certification for use on …

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Army Names Five Awardees for Future Attack Reconnaissance Aircraft Design Phase

The U.S. Army has awarded other transaction agreements to five contractors to provide initial designs of the service’s Future Attack Reconnaissance Aircraft platform, Breaking Defense reported Tuesday. Boeing (NYSE: BA), Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary, AVX Aircraft, Textron’s (NYSE: TXT) Bell Helicopter subsidiary and Karem Aircraft were selected out …

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Executive Mosaic’s Weekly GovCon Round-Up: $400M+ July Contracts and Top 10 Stories

The Week’s Top GovCon News Stories View this email in your browser Weekly Roundup July 9 – July 13, 2018 Click here to see Real-Time GovCon Sector Quotes   Executive Mosaic’s Weekly GovCon Round-Up:  $400M+ July Contracts & Top 10 Stories Jim Garrettson, Executive Mosaic CEO Who Says Summer is Slow? $400M+ …

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